$130,000 USD

Guybar

www.theguybar.com

Appears in Health and beauty , Established stores, Florida, Inventory

General description

The [PRIVATE INFO] was created to give men a place to be men. I started as a web concept with the long-term vision of creating physical locations where men could get grooming done that has been compartmentalized to mostly women locations. I love this business and unfortunately have to let it go as I don't have time to give it the due diligence it deserves as I have multiple projects that I am working on. This business is very plug and play. I have about 30K in inventory which at our current pricing is about 200k. The shaper sells the best and I just got a new supplier for the shaper that can make colors that are currently not available anywhere else. I have mostly been utilizing FB Ads to drive traffic with an average acquisition cost of $6.

It could be lower if someone is better a managing FB ads and creatives. Please images as the shopify metrics do not account for all sales. I uploaded the details for January and February. There was a drop in sales last year as my manufacture for the beard shaper stop making the shapers. We found a new manufacture and back on track to where the business was last year.

Financials and traffic

Average profit/month

$10,500 USD

Average overall profit margin

25%

Average number of sales/month

1,300

Value of inventory

$30,000 USD

Total revenue for last 12 months

$436,529.00 USD

Total traffic for last 12 months

831,681 Sessions

Revenue and traffic data from this graph is verified by Exchange and can not be edited by the seller. Average profit, profit margin and number of sales are provided by the seller. Learn more

Business Expenses

Currently use mailchimp and instapage

Expense item

Cost

Shopify plan

$200.00/month

Subscriptions (ie. Mailchimp, apps)

$300.00/month

Advertising (ie. Adwords, Facebook ads, etc.)

$15,000.00/month

Inventory warehouse

$500.00/month

Domain

$1.00/month

Inventory

Recently we switched manufacutre which has driven down cost by 10%. We also have products and formulations that have been paid for but haven't been launched if someone wanted to extend the product line

Located in Boca Raton, FL

Willing to ship inventory

Willing to transfer relationships with suppliers

Sales and marketing

Marketing strategies

Facebook ads

Instagram ads

Email campaigns

Online selling methods

Buy Button

Facebook

Online Store

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

theguybar

Instagram

theguybar

Pinterest

theguybar

Newsletter list

47,000 subscribers

Social media followers

80,000 people

Features

Theme

Showcase – $180 value

Products

35 products

Apps

60fca9c7f3400ddd43004e94b1355691

Product Reviews

A06a73791138d8d7f2ef1d0d2c918e64

MailChimp for Shopify

141fca8b1645b7bb88153afff62cb14c

Google Shopping

B7dd6d1184a7a42c04dcf34ee4b72745

Plug in SEO

+ 22 more...

Q & A

Why should someone buy this store?

This is a very easy plug and play business. The business items are really easy to ship and take very little time. Customers love the items utility and functionality. The margins on the products are very high which could grow even higher as the business scales. You are getting enough inventory to cover the cost of your purchase and also a business that is still producing revenue, has a list of current buyers and has all the mechanics in place to press play and hit the ground running.

How can the future owner improve the business?

Extend product lines. We currently get interest from wholesalers, so having someone dedicated to getting retail wholesalers and also extending product lines.

What work have you put into the store?

Growing social channels, Creating and developing creatives (images, branding, products).

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

15 hours

$130,000 USD

Store images

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