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$23,000 USD

MANGO RABBIT *50% lower than VALUATION*

shopmangorabbit.com

Appears in Fashion and apparel , Established stores, Canada, Ontario, Brampton, Lifestyle, Home Business for sale, Print on demand, Business and Franchises under $50,000, Inventory

General description

50% LOWER THAN SHOPIFY's VALUATION! A VERY GOOD DEAL.

In 2015, we got tired of seeing our Instagram fans buy low quality fashion, so we decided to better. We do this by inspecting the clothes ourselves. Then we lovely package the clothes and make sure every customer is happy. Our public face and reputation was behind the brand. That's how we get loyal customers that stick around.

Now you can get instant access 48,000 IG followers, 1000+ emails, 4-5 star reviews and a custom designed theme. 374k MONTHLY views just from PINTEREST! Wow I'm having second thoughts on selling this!

You'd also get access to OUR contacts in the Chinese wholesale and shipping community. Don't pay for expensive air parcels, learn to beat the system!

What to know what this business is capable of? We have had over 3000 orders all in our 3 year history. $54,000 and $35,000 in sales revenue for 2016-17. For 2018, we've STOPPED all ads and importing, and still sold $7.6k in 5 months. We literally took a 5 month vacation but they still want to buy stuff!! Talk about passive income!

We're ready to relaunch with a fall-sweater sale in 2018, but we're not afraid to sell the business if we find the right buyer! If you want to get into the world of fashion, or just want to make easy $, send us a message :)

Oh, btw, I'm not going away after I sell! I WANT YOU TO SUCCEED. I'm lowering the $ lower than Shopify's valuation. What the heck lets get going!

PS. You can take over this store by either switching to drop-shipping or having our inventory shipped to you.

Financials and traffic

Total sales for 2016, 17, 18: $54,312.26, $34,485, $7,637. Costs: Roughly $10 USD for 1 sweater. 50% profit margin. We had 2 part time staff. So taking their pay into account, on a low week we'd make at least $1000 in profit.

During Black Friday, Profit was $6000 for the month!

Average profit/month

$1,000 USD

Average overall profit margin

50%

Average number of sales/month

10

Value of inventory

$6,000 USD

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Business Expenses

We don't run ads anymore. But if you did, you'd make easy profit!

Expense item

Cost

Shopify plan

$30.00/month

Subscriptions (ie. Mailchimp, apps)

$1.00/month

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

$1.00/month

Inventory warehouse

$10.00/month

Domain

$8.00/month

Inventory

Low inventory is key to fast $ :) We can teach you everything you need to know to own the store. Our basement is our warehouse. We can show you pictures.

Located in Toronto

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

Facebook

shopmangorabbit

Instagram

shopmangorabbit

Pinterest

shopmangorabbit

Newsletter list

1,000 subscribers

Social media followers

49,000 people

Q & A

Why should someone buy this store?

Because it just takes some work and you'd have a mega scalable business. Piggy back on our 3 years of hard work!

How can the future owner improve the business?

Run cute ads on Instagram. Start importing new arrivals. Facebook ads are no good. Learn to import really nice clothes and we will show you how to go viral. We have a personal IG with 400,000 followers and can help your hot imports go viral!

What work have you put into the store?

Too much! Lots of 5* reviews, massive fan base, custom logo, importing expertise, shipping tips and tricks!

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

12 hours

$23,000 USD

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