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$24,000 USD

Cherry Pinup

www.cherrypinup.com.au

Appears in Fashion and apparel , Australia, Victoria, Business and Franchises under $50,000, Inventory, eBay

General description

Cherry Pinup is an established business with a great reputation as Australia's Retro Footwear Specialist! We stock mainly retro style shoes with some clothing and accessories. This business has been open for 2 years and has enjoyed 20% growth from year 1 to year 2. This business would suit someone who has a passion for vintage or women's footwear/clothing. We also run a successful eBay store (Powerseller) where 20% of sales are made. Please note - our sales data does not include our eBay sales so please take this into consideration.

Financials and traffic

All values are in AUD as we are an Australian Store.

Average profit/month

$500 USD

Average overall profit margin

25%

Average number of sales/month

21

Value of inventory

$10,000 USD

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Business Expenses

Expenses include monthly subscription for 1300 number & email hosting costs.

Expense item

Cost

Shopify plan

$25.00/month

Subscriptions (ie. Mailchimp, apps)

$35.00/month

Domain

$1.00/month

Inventory

All values are in AUD as we are an Australian Store.

Located in Melbourne

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

Instagram

cherry_pinup_shoes

Newsletter list

310 subscribers

Social media followers

3,800 people

Q & A

Why should someone buy this store?

This is a well established store with a great social media following. It would be perfect for someone who has a passion for vintage/retro fashion.

How can the future owner improve the business?

Someone who has time and knowledge to invest in remarketing strategies to improve growth. SEO has been set up to improve Organic Traffic to the store which will improve over time.

What work have you put into the store?

We have put a lot of work into getting SEO established to improve growth for the future. Many product photos have been taken of the real products alongside the stock photos to gain interest from the buyer. We have also worked with brand reps to get quality photos to use in advertising. Social media accounts have been established (Facebook 3300+ and Instagram 500+).

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

5 hours

$24,000 USD

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