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$23,000 USD

Blackwaxx&Co

blackwaxx.co

Appears in Music , Established stores, Australia, Queensland, Business and Franchises under $50,000, Inventory

General description

Blackwaxx&Co is a fully functional online store selling Drumming accessories from establised and popular international brands. Focusing on highly sort after boutique brands - we've brought these brands to Australia so that we can sell these sought after accessories in local currency with fast local shipping. The accessories and brands we stock already have their own profile - we provide the platform for local Australians to access them better and not pay expensive conversion fees and shipping. We have established trade routes and supplier arrangements with these brands so that we can purchase at wholesale prices allowing appropriate mark up and margin.

Financials and traffic

every item sold on the store is at a profit and with our special wholesale access - we can outprice the larger US ecomm stores here in Australia. There is no competition from Amazon etc as this is a specialised boutique business.

Average profit/month

$1,300 USD

Average overall profit margin

45%

Average number of sales/month

10

Value of inventory

$5,000 USD

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Business Expenses

We've strove to keep the overheads as low as possible - the buyer can chose where to invest their marketing budget. The sale will also include our social media channels which are currently amongst the top 5% of social media channels for drums in Australia

Expense item

Cost

Shopify plan

$39.00/month

Subscriptions (ie. Mailchimp, apps)

$1.00/month

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

$1.00/month

Inventory warehouse

$1.00/month

Domain

$1.00/month

Inventory

The quoted inventory value is cost price - the inventory would retail for approx $10kUS

Located in Brisbane

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

blackwaxxco

Instagram

blackwaxxco

Social media followers

4,758 people

Q & A

Why should someone buy this store?

As a passionate drummer it's an incredible way to be part of our drumming community and support other drummers. It allows any drummer or savvy ecomm person to generate a passive income. There is so much potential for this store as Australian Drum Shops still haven't harnessed eComm or social the way BlackwaxxCo has

How can the future owner improve the business?

I'll provide a full google doc of all the improvements and plans I have for the store - it's a constant iteration and always growing so there's many ideas to execute on.

What work have you put into the store?

The hard work is done! Building the store from scratch and creating the simple layout that is visually appealing. Painstakingly creating each product and menu structure as well as all the high resolution photos and imagery for the site. The social channels have been cultivated and grown with a strong following and proven conversion from Instagram to webstore sale!

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

12 hours

$23,000 USD

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