- Avg. revenue /month$11,057
- Avg. sessions /month13,253
- Avg. profit /month$2,300
- Inventory value$20,000
Business Story
Why this business was started
We saw a opportunity in the category of fashion accessories, and we decided to start designing and producing our own products. Immediatly after launching our first product, we saw a very positive feedback and we just kept developing and shaping the brand into what is today
The reason of selling this business
It is now more than 4 years since we started and we would like to start something diferent.
What's involved in running this business
- Product design and sourcing (for new products)
- Online shop and social media management
- Content creation
- Fullfillment and returns and stock management
- Customer support
- Administration / Accounting
Time to run this business: approximately 20 hours per weekTraffic and Performance
- Avg. revenue /month$11,057
Verified - Avg. sessions /month13,253Verified
- Avg. profit /month$2,300
- Inventory value$20,000
- Profit Margin20%
- Avg. sales /month1,500
Revenue data comes directly from Shopify and cannot be edited by the sellerTraffic data comes directly from Shopify and cannot be edited by the sellerExpenses
- Shopify plan
- $79/month
- Inventory warehouse
- $0/month
- Retail space rental
- $2,500/month
- Employees
- $10,000/month
- Domain
- $30/year
- Shopify apps
- $86/month
- Facebook / Instagram / Google
- $3,000/month
- Adobe, fullfillment software, slack,
- $100/month
- Accounting and administration, internet, electricity
- $1,000/month
Sale Includes
Physical inventory
Logo and branding assets
Brand registered in EUIPO will be transfered with all its rights.Personal support after sale
1-3 months It can be discussed and agreed on depending on the new owners experience. Anyways will be including: - Introductory phase: getting to know the team structure and proccesses, suppliers, sytems and software used and existing contracts review (in person) - Secondary phase: both parties will be co-working on all areas from product design to after sales support and identifying potential challenges before taking over. All potential issues will be listed and sorted out by solving any problem that might impede a smooth take over (e-mail, online meetings) - Final phase: Take over execution by the buyer. The seller will still be available attending regular meetings schedule beforehand for a specific period of time supporting the buyer in any remaining questions or issues (e-mail, online meetings)Domain
Product photos
Dropbox or google drive accessSocial media
Total followers13,000subscribersSuppliers
Mailing List
25,000subscribers
Seller‘s Advice
How to grow this business
- 1 New collection per year
- 1 New product range per year
- Activate more B2B clients / distributors
Skills to have
Preferably is someone who has already experience managing a brand and in the e-commerce space. That means qualities such us: - Sourcing and purchase management in order to make sure you have enough stock (stock management) - Fullfillment management, sorting products and shipping orders efficiently with the help of software and hardware. - Online store management (shopify), sorting out the products on the website and making sure that clients find what they look for, creating new products, making offers etc - Marketing knowledge - creation of content (photo, video) and putting out the content through social media or other channels. Also, coordinating the advertising campaings or other influencer marketing actions with a social media agency - Customer experience, customer support and good communication skills - Basic administrative knowledge
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