$150,000 USD

Gilchrist Watch Co.

www.gwcwatches.com

Appears in Fashion and apparel , Oberlo stores for sale, Established stores, Dropshipping, Lifestyle, Home Business for sale, Inventory

General description

  • Online Watch Retailer; affordable luxury. Inception: November 2014.

  • Social Media: 36,000+ followers on Instagram (@gwcwatches), 20,000 likes on Facebook.

  • Email list of over 20,000 (completely untouched - we haven't marketed to this).

  • $257,962 revenue over the last 12 months.

  • 338,912 Total sessions for the last 12 months.

  • Strong relationships established with major magazines (GQ, Esquire, Men's Health, Stuff, Men's Fitness, Top Gear and more).

  • Virtual Assistant deals with all customer service & order processing.

  • Requires approx. 2 hours per week to maintain current trajectory.

  • Potential to move into a range of other accessories.

  • Strong Brand.

  • Slick & Easy to Manage supply chain.

  • Any questions, please send us an email.

Financials and traffic

Average profit/month

$2,500 USD

Average overall profit margin

20%

Average number of sales/month

300

Value of inventory

$5,000 USD

Total revenue for last 12 months

$178,794.00 USD

Total traffic for last 12 months

133,604 Sessions

Revenue and traffic data from this graph is verified by Exchange and can not be edited by the seller. Average profit, profit margin and number of sales are provided by the seller. Learn more

Business Expenses

Only other costs are the cost of the product

Expense item

Cost

Shopify plan

$150.00/month

Subscriptions (ie. Mailchimp, apps)

$100.00/month

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

$2,500.00/month

Inventory warehouse

$130.00/month

Employees (Including contractors and freelancers)

$250.00/month

Domain

$0.00/month

Inventory

Located in Northampton, UK

Willing to ship inventory

Willing to transfer relationships with suppliers

Sales and marketing

Marketing strategies

Print ads

Word of mouth

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

gwcwatches

Instagram

gwcwatches

Pinterest

gwcwatches

Newsletter list

20,000 subscribers

Features

Theme

Parallax 02/15 – $180 value

Products

216 products

Apps

B1983a5240f536f4369a3e5861489e9c

Oberlo

  • Easily import dropshipped products directly into your store
  • Have your orders shipped directly to your customers
  • Know that your inventory and prices are always up to date
A06a73791138d8d7f2ef1d0d2c918e64

MailChimp for Shopify

F3d61c764a54b22aed51cd1cc31b5a74

Privy - Free email popups with exit intent

141fca8b1645b7bb88153afff62cb14c

Google Shopping

F5d3c32a744a07515d8ffd5d0d266a8c

Abandonment Protector Plus

+ 15 more...

Q & A

Do you work with any employees, freelancers, or contractors?

Virtual agent - order processing, customer service & ad-hoc support.

Why should someone buy this store?

  • Proven business model
  • Steady stream of income, cash generative
  • Low time requirements
  • Mostly automated
  • History of significant revenue generation with the correct resources

How can the future owner improve the business?

  • Potential to hugely enhance revenues if dedicate some resource to various marketing channels - e.g. Facebook marketing
  • Leverage email marketing
  • An enhanced product set would also significantly improve the value of the business
  • Expand into other products

What work have you put into the store?

  • Built the website
  • Developed the business model
  • Grew social media channels
  • Developed brand recognition
  • Established marketing relationships
  • Established supplier relationships
  • Generated approx $200k of revenues in 1 year
  • Selected and grew product set

$150,000 USD

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