Online Gift Shop + Inventory Valued at $30,000 + 9,000 Facebook Followers
My store sells gift baskets already assembled in house using wooden crates and boxes. Customers can also customize gifts and choose what is in their box. Unfortunately, I have to care for a sick family member and couldn't dedicate the time needed.
To be successful at this at least 20 hours per week is needed.
WHAT IS INCLUDED IN THE SALE? Inventory valued at $30,000 Wooden Gift Boxes and crates (note you will need to assemble gift basket sets yourself) Marketing Materials (business cards, marketing postcards, gift tags with company logo) All intellectual property rights to name, logo and branding Website domain Pre-paid local marketing in New Jersey for 18 weeks of 2018 - You can choose which consecutive weeks you want. Affiliate Account (Note: We have affiliates but don't really maintain it now). Account's $700 fee has been paid. You simply need to maintain it.
WHAT ARE THE MARGINS Margins are between 30% and 100%. As this is a premium luxury service business, customers are paying for more than the face value of the gifts. Therefore, the markup is far beyond that of the cost of goods sold.
WHY I AM SELLING THE BUSINESS The business requires at least 20 hours dedicated to marketing etc. and unfortunately, I need to take care of a sick family member and cannot dedicate the required time.
HOW DOES THE BUSINESS GENERATE REVENUE? Little revenue has been generated because no time has been dedicated to the necessary marketing. However, some marketing initiatives are already paid and ready to go in 2018 including: 18 weeks of local marketing in 1 medium and $700 fee for affiliate marketing platform.
Note: The company has 1 DBA that will not be included in this sale. Also I formerly had a business that was rolled into this one at iewow.com. That domain will also be transferred to you as the Facebook account is linked to that name.
Financials and traffic
Revenue includes sales until the end of last month and is calculated from Exchange’s eligible payment providers. Total traffic comes from all data available to Shopify.
What’s included in the sale
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