girassolfashion.com

Selling price

$38,686 USD

Store owner

EH

Elisa H.

Store created 7 months ago

Featured in: Fashion and apparel

Girassol

BACKGROUND:

Girassol is a store meant to be a pop-up to test the acceptance of bringing the best of Spring and Summer fashion from Brazil to NYC. I am the owner along with my husband. I am a Brazilian that got tired of wearing gray and black most of the year and finding only common and generic floral prints during the warmer months. So, I would stock up on clothes when I went home to Brazil. And, when I returned and wore the clothes, people would continuously stop to complement and ask me where I bought the outfits.

Then, I decided to partner with my favorite Brazilian designer brands in order to bring a touch of tropical, fun and exclusivity to a brick-and-mortar store in Nolita, NYC. Many of our items have handmade details and are available only in limited quantities. They all offer remarkable quality and are very unique and interesting.

Please note that the store has not been open for a full year yet. We started selling online and on our brick-and-mortar store in Feb 28th and I had to stop ALL our efforts due to personal reasons in June 30th. Therefore, the revenue of $48,686 is only for 4 months in business!!!!! The revenue potential for a full year and Girassol's worth is actually 3x this amount! Plus existing inventory at a $21,000 cost would be fully transferred to you (over $48,000 re-sale value). This is a really good deal, with amazing growth potential! Find additional information about this opportunity below.

STATISTICS AND FINANCIAL SUMMARY:

  • $48,686 in sales in the first 4 months of the store being open (Feb 28th until June 30th 2017), proving great acceptance and success of the brands and the store

  • Additional $6,000 sold outside Shopify at trunk shows and events through friends in NY, NJ and Connecticut

  • Efforts were focused on brick and mortar pop-up store, but the outcome with the online store was surprisingly positive: $2,453 in online sales (5% of total sales) within 4 months, with less than $100 in Facebook/Instagram marketing. That means $24.53 dollar return for every $1 invested in the online store

  • Strong average order value of $392.35 per order

  • We have 245 items left from our Spring and Summer collection at an estimated cost of $21,000. These items will be included in the sale price and will be delivered to your destination (shipping costs to be paid by me if the destination is in the U.S., or to be split between us if outside of the U.S.) - This inventory adds up to a $48,300 re-sale potential using industry standard 2.3 multiplier

  • Instagram account with 900 organic followers (@girassolfashion)

  • Email list with 58 email addresses gathered from VIP customers (i.e., that spent over $1,000 per purchase, repeat customers, customers that were interested in future Girassol collections, etc.)

  • All Brazilian wholesalers, suppliers and importers used to bring these brands safely and quickly to New York will be provided upon close of the transaction for similar collection continuity (if wanted). All Brazilian contacts are fluent in business English. They have been in business for more than two decades, are trustworthy and have plans to continue to do business in the U.S. indefinitely. All suppliers manufacture clothes year-round and offer options for all seasons

  • Average wholesale price of items bought using these Brazilian suppliers is $85 per item (this includes the item itself AND all the importation costs)

  • All federal and quarterly sales taxes are up-to-date (proof of previous payments and filing will be provided upon close of the transaction)

  • No debt, lawsuits or pending loans of any sort

Feel free to contact me with any questions or if you would like additional support for the statistics provided. Happy to have a call or even meet in person to help transition the business to you and answer all your questions. Thank you!

Revenue

Total revenue for last 7 months

$48,685.00 USD

Traffic

Total traffic for last 7 months

779 Sessions

Revenue and traffic data is calculated using the data available to Shopify

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