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$50,000 USD

CityMall

citymall.com

Appears in Fashion and apparel , California, United States, Business and Franchises under $50,000, Inventory, Oberlo stores for sale, Dropshipping, Lifestyle, Home Business for sale

General description

The store was developed to sell fashion low priced women's apparel and accessories. While doing so we were able to create and register a brand name for genuine leather high end handbags and shoes. Handling two sites was becoming too much so we decided to focus only on our brand name.

Currently we have inventory, on hand, worth about $120,000 market value. All the inventory is shown on the web site. There are some additional items as well such as jewelry, shawls and embroidered jackets

Social media presence is on Facebook, Instagram, Twitter, Pinterest & Goodle Shopping,

Financials and traffic

This is a new store.

Average profit/month

$100 USD

Average overall profit margin

30%

Average number of sales/month

3

Value of inventory

$120,000 USD

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Business Expenses

There are no other expenses. Inventory is stored on personal property.

Expense item

Cost

Shopify plan

$39.00/month

Subscriptions (ie. Mailchimp, apps)

$8.00/month

Inventory warehouse

$1.00/month

Domain

$1.00/month

Inventory

We have the following Inventory-- Handbags 1700-- Shoes 800-- Silk Scarves 800-- Silk Tunics , tank tops and blouses 300-- Jewelry pieces about 100-- Shawls and jackets 30 to 50 not sure exactly--

Located in La Verne

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

citymallus

Instagram

citymallusa

Pinterest

citymallusa

Twitter

citymallusa

Newsletter list

0 subscribers

Social media followers

0 people

Q & A

Why should someone buy this store?

The web site and all social media accounts are ready to go. All Ad Accounts are set up ready to go. There is plenty of inventory on hand ready to be sold. It is a fully TURN-KEY operation that can be launched in a couple of days by someone willing to devote the time to marketing. A number of features have been added to the web site such as Pop-up for subscriptions, a side bar for subscriptions, a Constant Contact integration has been done and a subscription form has been added to Facebook page. A special rate for one year of only $8.00 per month for Constant Contact account.

I might add that we have had numerous offers just for the domain name citymall.com of up to $15,000. I am asking for $50,000 including domain plus all the inventory worth about $120,000. I am willing to consider all reasonable offers. Shopify's algorithms have valued the store at $90,000 so all in all someone good in marketing can make a lot of money.

We are continuing to add Pins to Pinterest Account and post to Instagram

How can the future owner improve the business?

The new owner simply has to add a lot more products from drop shipping accounts and start marketing online. It is truly a TURN-KEY operation. There is absolutely nothing required to set up the operation.

What work have you put into the store?

We have put in a lot of work, hundreds of hours in writing unique descriptions for every item in the store. Hundreds of hours and dollars in modifying the theme for very large catalog and be able to run specials and sales that would have visual impact.

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

14 hours

$50,000 USD

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