All prices in USD
  • Avg. revenue /month
    $7,622
  • Avg. sessions /month10,318
  • Avg. profit /month
    $1,663
  • Inventory value
    $10,000

Business Story

Why this business was started

I finished my university in 2015 and saw people doing ecommerce + manufacturing businesses like t-shirt design printing and selling them on Amazon. After that I decided to start my business with cofounder and we started looking for ideas. Firstly we thought to print designs on plastic iphone cases, but we rejected idea due to lack of meaningfulness. We changed our focus towards wood design Apple accessories. We researched ideas and decided to make real wood veneer stickers for Iphone and Macbook ourselves. 9 months after product development, we started make manufacturing MVP products and make sales on Etsy, Amazon and our website.

We are branded manufacturer, sell via ecommerce and currently increasing b2b sales.

The reason of selling this business

The main reason we want to raise capital and implement new business idea.

What's involved in running this business

  • Supply Chain Management - ordering from suppliers;
  • Order and Fulfillment management;
  • Product development and research;
  • Running google ads, facebook ads, email marketing and more;
  • Managing sales channels like Amazon Seller Central US,CA,MX,UK,FR,DE,IT,ES,JP,AU, Amazon Vendor Central UK, Etsy, Ebay, Shopify and more;
  • B2B sales development - we are currently closing some leads and its up to you if you want to continue with this activity.
  • Manufacturing, if you are interested to purchase without it, let us know. Manufacturing activities will give you much better margins and product quality control.
This business was founded: almost 5 years ago
Time to run this business: approximately 10 hours per week

Traffic and Performance

  • Avg. revenue /month
    $7,622
    Verified
  • Avg. sessions /month10,318Verified
  • Avg. profit /month
    $1,663
  • Inventory value
    $10,000
  • Profit Margin22%
  • Avg. sales /month350
Other details about profit: SHORT INTRO ABOUT PROFIT: - I provided only shopify profit without Amazon, Etsy and other revenue channels - We sell in many ecommerce marketplaces: Shopify, Etsy, Amazon (NA/EU/ASIA) - We also sell via b2b wholesale channels, company is gaining extra revenues via manufacturing / ecommerce services - You will have a chance to analyse revenue, costs with us 2019 DATA FROM ALL CHANNELS: Revenue - 313k EUR / 339k USD Fixed + Variable Costs - 339k EUR / 367k USD Owner Compensation / Investment Costs - 110k EUR / 120k USD SDE / EBITDA - 84k EUR / 91k USD Detailed calculations and data will be available for interested buyers ABOUT ORDERS: 1. Amazon sales channels - which generates 50-100 sales per month 2. Etsy sales channels - which generates 100-150 sales per month 3. Other sales channels - which generates 0-10 sales per month 4. As well we have b2b partners which can make 0-200 product order per month in wholesale pricing - we avoided this from forecast, we will show more info for interested buyers
Total revenue
  • $434,446
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 588,168Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $79
      /month
    • Inventory warehouse
      $500
      /month
    • Employees
      $1,000
      /month
    • Domain
      $50
      /year
    • One Drive, Ecomdash, Xsellco, Conversio and more
      $500
      /month
    • Facebook, Google ads
      $1,250
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      - We put our business documents in One Drive cloud. So ease transfer is possible - Brandbook URL: [REDACTED] - Brand is registered in EUIPO
    • Personal support after sale

      We can make support up to 6 months for various questions via live/offline meetings. It will depend from your needs and skills, we would be flexible towards it. 1-2 week - calls / meetings - full time support from my team and myself 3-4th week - calls / meetings - up to 10 hours every week 2-6th month - calls/meetings - up to 2 hours every month and non limited email communication You as well will receive: - Strategy insights, conclusions from the last 4 years of our business and business development insights for the future - Our team member Gintautas will provide trainings for manufacturing, supply chain management and fulfillment/order management he will continue running these operations, so you will need to understand what he is doing. - Co-founder Karol will provide trainings for inventory planning, b2b sales management and product development - I Matas will provide trainings for ecommerce development, sales channel and marketing management, how to use our softwares for various solutions.
    • Domain

    • Product photos

      We put our business documents in One Drive cloud. So ease transfer is possible
    • Social media

      Total followers20,000subscribers
    • Suppliers

    • Mailing List

      30,000subscribers

    Seller‘s Advice

    How to grow this business

    Our current vision is to be #1 premium brand in Apple gadget accessory market.

    In order to achieve this we need to act in these fields:

    Sales

    • enter into B2B sales in order to improve quantities, have stable/predictive cashflow and to focus on main value of business product creation. Currently we have +600 retail company list with +1500 lead contacts and +30 warm/hot companies in Europe which we are planning to convert in 1-6 months.
    • improve b2c sales via ecommerce sales channels like Amazon, we lost market share there but from past data you can see how much bigger revenues we had
    • recreate website in order to improve conversion rate and to adapt it to our new Brandbook

    Marketing

    • focus only on 1 customer segment (we have survey answers from our current customers, we have 3 segments which can be targeted, now we target all of them)
    • start new initiatives in Public relations, facebooks ads and search for new channels according to target group
    • Redesign positioning towards that segment
    • Choose marketing channels accordingly
    • We worked with 1000 influencers, sent free products to them received a lot of content, we received +3300 trackable mentions on various social channels, we have detailed list of their information which you can use for future marketing campaigns

    Products

    • I would strongly advice to develop new products in Apple gadget accessory field. It would increase AOV and will let you reach more audience. We have partner who can develop MVP products and we own manufacturing in order to make 1st batch.
    • We are finishing 2 product projects: laptop stand and Apple watch wrist band. We could finish these projects with our help.
    • I would strongly advice to enter into mass product customisation market, we see big proportion of our orders are personalised but we never made big focus there
    • As well, I would strongly advice to develop designs according to trends. For example, James Bond designs and etc. We have capability to do design engraving with laser for various needs.

    Skills to have

    • Business development skills
    • Amazon sales channel management
    • Etsy sales channel management
    • Shopify store management
    • Online marketing
    • Order/Inventory management
    • People management
    • Data analysis for sales optimisation

    Share

    MP
    Matas P.Current store owner
    - ecommerce orientated entrepreneur from 2015 - love Elon Musk and his companies Tesla, Space X - want to switch to VR/AR/XR industry and start a tech related company - living in Lithuania, European Union - was a skateboarder, now I am snowboarder

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