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$4,500 USD

Final Fling Party Shop

finalflingpartyshop.com

Appears in Gifts and collectibles , United States, California, Business and Franchises under $5,000, Inventory

General description

Q: The story of your business. Why did you decide to start the business and how long have you been running it?

A: Final Fling actually started as a different name “Wrinkled Wedding Dress” that was originally a blog. We then turned Wrinkled Wedding Dress into a dropship store but realized that we would better serve our customers by holding inventory in-house. We also realized that the name Wrinkled Wedding dress worked for our blog but did not correlate with the bachelorette and bridal shower goods that we were carrying. So we transferred all the social media names and domain over to Final Fling Party Shop.

Q: What's included in the sale? Aside from the store itself, are there social media accounts, inventory or domains that will be included?

A: Included in the sale: Final Fling website domain, Wrinkled Wedding Dress website domain, Shopify store, Remaining inventory (current estimated retail value is $2811.81), Final Fling Social Media Accounts (Facebook Business Page, Instagram Business Account, and Pinterest Business Account), Final Fling Email List (1,234 Subscribers), Final Fling Gmail Account, and Logo.

Q: Describe the business model. Do you drop ship or hold the inventory yourself?

A: Currently, the business is running on a very lean model. We hold inventory ourselves (purchased from Aliexpress and various wholesalers) and ship in-house as well.

Q: What have you done to attract customers? Here you can describe your store's marketing strategies ie. advertising campaigns, relationships with social media influencers, or successful email campaigns.

A: Social media & email marketing only. No paid advertising. Organically, our top selling items have been bachelorette items and confetti balloons. We have used this data and geared our marketing and social media accounts towards women who are in the age range of 22-38 who are either planning wedding themselves or party of a bridal party. Top markets include: Los Angeles, Dallas, New York, Chicago, and Houston.

Q: What is your cost of customer acquisition? Here you can explain what it costs to generate sales.

A: We are unable to provide stats on this as we do not have enough data.

Q: Do you have recurring customers? Businesses with loyal customers are attractive to buyers looking to get up and running immediately.

A: Only a handful, but with more inventory and marketing it could definitely be a go-to-site for wedding season!

Financials and traffic

Average profit/month

$10 USD

Average overall profit margin

3%

Average number of sales/month

10

Value of inventory

$550 USD

Total revenue for last 12 months

$3,377.00 USD

Total traffic for last 12 months

12,957 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

$30.00/month

Subscriptions (ie. Mailchimp, apps)

$15.00/month

Domain

$1.00/month

Inventory

Located in Los Angeles

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

finalflingparty

Pinterest

FinalFlingParty

Newsletter list

1,211 subscribers

Social media followers

3,748 people

Q & A

Why should someone buy this store?

Lots of potential! We are also open to including the former domain of this website that is still forwarding traffic to the Final Fling website - www.wrinkledweddingdress.com.

How can the future owner improve the business?

We started Final Fling as a side business and simply do not have the time needed it to grow it successfully. It’s a site with amazing potential and could truly grow given the opportunity and landing in the hands of the right buyer.

Adding inventory like custom t-shirts, cups, hats, etc. for bridal parties could REALLY get this site going. Also, more theme items would be great as well.

The foundation has been built for this business. It is just waiting for the right owner to come along with strong marketing and inventory planning skills to make it the awesome site that it is already in the works to be!

What work have you put into the store?

Built out a fully functional Shopify Store with an upgraded theme. The brands social media accounts Instagram (820+ in 5 months), Pinterest (279k monthly viewers) and Facebook (2,700 likes) have a strong following with decent interaction. Our Pinterest account is a very valuable asset as it brought in 10,070 visitors to the website last year.

We have written 56 blogs about inventory and wedding trends to help with SEO and plug in product photography and hyperlinks.

We have handled all aspects surrounding merchandising, product photography, content development, and customer service. The foundation has been built.

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

4 hours

$4,500 USD

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