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$18,000 USD

Assots Ltd

assots.co.uk

Appears in Fashion and apparel , United Kingdom, Birmingham, Inventory, Business and Franchises under $20,000

General description

Assots Ltd was established in the year 2012 with the sole aim of providing handcrafted quality genuine leather bags at affordable prices. Based in Birmingham, it has won the hearts of such customers due to its competitive product pricing. Whether sold from Amazon UK or Amazon France or the website, it has only received five star reviews on all platforms for the price offered. Getting a fully functional minimalistic is one thing you're sure to get with this website but the other remarkable offer is the stock of well-packaged products so that one only has to think of selling. The products are all well-packaged and proven to be loved by its customers, thus, all you need to do is market and sell. So why sell the website? I don't want to but I have to. Reason being that I have to shift to another country due to personal conditions and as much as I hate it, the business activities cannot be carried out while I'm not in the target country i.e United Kingdom.

Financials and traffic

Average profit/month

$40 USD

Average overall profit margin

25%

Average number of sales/month

7

Value of inventory

$21,000 USD

Total revenue for last 12 months

$715.00 USD

Total traffic for last 12 months

4,438 Sessions

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

Business Expenses

Expense item

Cost

Shopify plan

$29.00/month

Inventory warehouse

$180.00/month

Domain

$1.00/month

Inventory

The value of inventory is wholesale. The inventory will be shipped to the buyer although the CIF will have to be borne by the interested party.

Located in Birmingham

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

Q & A

Why should someone buy this store?

Along with the Shopify store, you will be gaining access to Amazon selling as well. So you will have three channel of sales - Amazon UK, Amazon Europe and the website. All 161 products have already been photographed and listed on Amazon, so you don't have to spend time, money and effort in setting things up.

How can the future owner improve the business?

If you have the investment and a knack for marketing, be it online or offline, you can do wonders with these handcrafted products as they are sourced from the cheapest rate from a bag manufacturing factory unit in Kolkata, India where the cost is minimal considering the low labour cost. If its cheap, it will sell.

What work have you put into the store?

From sourcing and shipping of purchased stock from supplier to product photography, uploading listings and content creation in the form product/category descriptions, all these have been taken care of. The only thing you need to do is market them to start generating sales.

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

10 hours

$18,000 USD

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