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$29,000 USD

Simple Glam Girls

simpleglamgirls.com

Appears in Health and beauty , Established stores, United States, Texas, Houston, Business and Franchises under $50,000, Inventory, Oberlo stores for sale, Dropshipping, Lifestyle, Home Business for sale

General description

About Simple Glam Girls & SlayX Cosmetics: Simple Glam Girls is an up & coming makeup fast-retail brand that begins its roots in Q4 2016 selling premium makeup brushes. In Q4 2017, we've expanded our product line under SlayX Cosmetics brand to include makeup such as eyeshadow palettes & false eyelashes.

2 Brand Assets & 33K Social Media & Email Following: By purchasing this business, you'll be owning 2 brand assets: Simple Glam Girls and SlayX Cosmetics as well as its presence on social media & email subscribers. Our combined following on Instagram and Facebook are 22,000 followers and email subscribers are 11,000 email.

Our Products: In total, we have 20 - 30 active selling products ranging from makeup brush sets, eye-shadow palettes and false eyelashes. By purchasing this business, you will take over the existing inventory of stocks.

Lean Procuring System: We source directly from manufacturers in a lean procuring system which allows us to purchase "Just-In-Time" sufficient amount of inventory to meet the demand. This means that your capital is not tied up in inventory and therefore, allow you to scale on advertising. By purchasing this business, you'll introduced to these manufacturers and if required, we can help you with the first 1 - 2 months of procuring process to ensure a smooth transition.

Fulfillment Directly from Manufacturing Source: Our stocks are fulfilled directly in the same country as the manufacturing source thus reducing your lead time to manage your inventory. We can ship worldwide as per your customer allocation. Currently, our main customers are from the US, Canada and Australia. By purchasing this business, you will be officially introduced to this fulfillment center and similarly, if need be, we can assist in the fulfillment process for the first 1 - 2 months.

Driving Traffic: Currently, we heavily rely on influencer marketing to drive traffic to our store. We work directly with influencers on Facebook and Instagram to drive traffic and sales which have proven to be effective so far. By purchasing this business, you will have access to the existing relationships with these influencers and also, information about how to find them and work with them.

Potential for Future: New products can be easily launched with our network of suppliers and paid advertising through FB and IG can help to scale the business fast.

Why You Should Buy This Business: The top Shopify business are mostly in the Beauty Category - Kylie Cosmetics, ColourPop, Morphe etc.... therefore, there is definitely a huge potential for fast-retail beauty brands. If you are looking for a brand that has already established a name within the Makeup Industry to exploit the opportunity, then this is the right business for you.

Why are we selling this Business: We have other projects and niche business that we'd like to focus our time and energy on. After analyzing where our strengths are, we realized that we are not as passionate about makeup as we thought we are. Therefore, we rather spend our time where our passion is, which is our other niche business.

Financials and traffic

Our revenue is not consistent because we do not spend enough time on this brands. We work exclusively with influencers to drive traffic and the spikes in sales are due to these promotions that we run with influencers. There is a huge opportunity to exploit this as we have only scratched the surface of influencer marketing with our limited time spent on this brand.

Average profit/month

$5,000 USD

Average overall profit margin

35%

Average number of sales/month

170

Value of inventory

$3,000 USD

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Business Expenses

Our advertising cost correlates with our revenue because we utilize an influencer model. The influencer only gets paid if someone purchase using her code. We payout 20% on the purchased value to the influencer.

Expense item

Cost

Shopify plan

$79.00/month

Subscriptions (ie. Mailchimp, apps)

$300.00/month

Inventory warehouse

$1.00/month

Domain

$1.00/month

Inventory

Located in China

Willing to ship inventory

Willing to transfer relationships with suppliers

What’s included in the sale

  • Physical inventory
  • Logo and branding assets
  • Social media accounts
  • Personal support after sale
  • Domain
  • Product photos

Social Media

Facebook

simpleglamgirls

Instagram

simpleglamgirls

Newsletter list

11,000 subscribers

Social media followers

22,000 people

Q & A

Why should someone buy this store?

The top Shopify business are mostly in the Beauty Category - Kylie Cosmetics, ColourPop, Morphe etc.... therefore, there is definitely a huge potential for fast-retail beauty brands.

If you are looking for a brand that has already established a name within the Makeup Industry to exploit this opportunity, then this is the right business for you.

How can the future owner improve the business?

New products can be easily launched with our network of suppliers and paid advertising through FB and IG can help to scale the business fast.

What work have you put into the store?

Everything from store creation, product selection, packaging & branding, fulfillment system setup, looking for influencers and driving sales.

How many hours does it take to run this business per week?

20 hours

$29,000 USD

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