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$105,000 USD

Cloutgods

www.cloutgods.com

Appears in Fashion and apparel , Established stores, United States, California, Oberlo stores for sale, Dropshipping, Lifestyle, Home Business for sale

General description

Cloutgods provides affordable jewelry and streetwear to young people from all over the world. We provide high quality products to an audience that is passionate about our products. We started only 6 months ago and were able to generate over $82,786.07 in sales with an 80% profit margin.

Financials and traffic

How we calculated the average profit: we took the total amount of profit generated which is 61172.16 divided by the total amount of months we've been open for which is 6 months.

Average profit/month

$10,100 USD

Average overall profit margin

74%

Average number of sales/month

256

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Business Expenses

Expense item

Cost

Shopify plan

$75.00/month

Subscriptions (ie. Mailchimp, apps)

$247.00/month

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

$478.00/month

Domain

$1.00/month

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

shopcloutgods

Instagram

shopcloutgods

Newsletter list

23,300 subscribers

Social media followers

24,000 people

Q & A

Why should someone buy this store?

We started Cloutgods only 6 months ago and were able to generate over $82,786.07 in sales with $61172.16 in profit. That's a whopping 73.9% profit margin.

We have picked the right products with the greatest margins and have proven our product market fit. We have been able to build a community of passionate fans who are willing to spend money on our brand every week.

We have built a 23,000 person email list that is very active. We have also grown our social media following to 24,000 active followers with over 6-10% engagement rate which is very high.

We have done the heavy lift for the future owners. We have a plug and play system that works for our business and we are willing to share it with the future owners so they can get up and running fast.

We love this business that we have built but unfortunately, we have bigger priorities so we want to sell it to someone who wants a business that is proven to work and is also willing to take what we have built so far to multiple levels.

How can the future owner improve the business?

We have made plenty of sales without spending much on advertising but we haven't been able to take advantage of other social media and advertising channels such as Facebook advertising, Google Search Engine Marketing.

The new owners can levels those channels with targeted ads. We installs the pixel on our site from the start so the data is available for you to kick off these channels with a bang.

The future owners can also do email marketing to our 23,000 person list. Our list is full of potential customers but we have not leveraged email marketing a lot. Email marketing is definitely a great way to generate sales without having to spend money on ads.

What work have you put into the store?

We have tested and found multiple products that work. We have built an active community of buyers on our social media channels. We have put in place a system that works and generates tons of sales. We have pretty much done the heavy lifting that needs to be done. The new owners can take this solid foundation that we have built in the past 6 months and turn it into a money making machine.

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

5 hours

$105,000 USD

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