• Avg. Revenue /month
    $1,362USD
  • Avg. Sessions /month1,319
  • Avg. Profit /month
    $1,300USD
  • Inventory value
    $500USD

Description

General description

The Wooden Watch Company was set up in June 2017 with a view to selling stylish wooden watches at a reasonable price, along with an engraving service. The watches are dropshipped and we also hold a small amount of stock which we can despatch on a next day service. Were selling the company as we need to concentrate on a new venture. The site is on page one for Wooden Watch and many other related keywords with us holding the top No1 position until very recently. We have done NO advertising so all figures are with no overheads other than the running of the site. The busiest months are still yet to come with Black Friday and Christmas being a really good time of year, especially with a good organic google position.

Why should someone buy this store?

No overheads, Very little time spent on the business but if you increase marketing time you will really see a boost in sales. We've spent 0hrs on marketing so far.

How can the future owner improve the business?

Facebook Marketing, mail campaigns, adwords, etc...

What work have you put into the store?

Built the site, selected key products that sell. Photographed them properly and named them appropriately. Built a connection with nature which people love. A lot of time spent on the structure and layout of the store. SEO has been worked on organically and has achieved a great position on page 1 for the UK

Time to run this business: approximately 2 hours per week

Traffic and Performance

  • Avg. Revenue /month
    $1,362USD
    Verified
  • Avg. Sessions /month1,319Verified
  • Avg. Profit /month
    $1,300USD
  • Inventory value
    $500USD
  • Profit Margin55%
  • Avg. Sales /month35

Other details about profit:Great margins as the site has very few overheads. Only a couple of hours work each week processing orders.

Total revenue
$25,880USD
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
25,078Sessions
Traffic data comes directly from Shopify and cannot be edited by the seller

Expenses

  • Shopify plan
    $75USD
    /month
  • Inventory warehouse
    $25USD
    /month
  • Domain
    $2.92USD
    /month

Sale Includes

  • Physical inventory

  • Logo and branding assets

  • Personal support after sale

    Not Included

  • Domain

  • Product photos

  • Suppliers

    Not Included

  • Mailing list
  • Social Media

    Seller‘s Advice

    How to grow this business

    I would focus on Facebook marketing. The imagery we have is very strong and visula and would appeal in adverts. Instagram would be great to push too. Were not experienced in Facebook advertising so we haven't properly persued this before.

    Skills to have

    Shopify, Facebook Marketing.

    Why buy a business on Exchange

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    Take time to inspect the business

    Once you submit payment to Escrow.com and the payment has been secured, the funds are held until you confirm that all assets received are as negotiated. You can use the inspection period to ask the seller any extra questions about the business.

    Safe store transfer

    When the transaction is finalized, the dedicated migration team at Exchange will begin the process of making you the new owner of the store. Buyers and sellers will be notified via an email from the Exchange team once store transfers have been completed.

    Post-purchase 24/7 Shopify support

    Once you log into your Shopify account for the first time and choose a subscription plan, Shopify Support Gurus are available 24/7 to help you with the settings of the store.