Mani Wraps are high quality nail wraps virtually identical to the extremely popular Jamberry Nails. It took us well over a year and a lot of testing to perfect the creation of these wraps. There is a huge market for these as Jamberry does well over $10 million/year with very little competition. We have too much on our plate and can't put the time necessary to make the business grow as it could. The price includes $30,000 worth of equipment and supplies to manufacture the wraps. I will provide training also on how to create the wraps. In addition to the Shopify store we have a catalog built in Amazon for most of the wraps.
Financials and traffic
The product costs about $1.00 per package including the wraps, application kit and packaging. Retail price is $12.
Average overall profit margin
Average number of sales/month
Value of inventory
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This is an innovative product that has proven itself via Jamberry Nails in the market. For the right person this business could make a ton of money. The profit margin is significant and the ability to print on demand keeps inventory costs extremely low. Many people have tried to crack how Jamberry makes their wraps. We use the exact same process they do and I also have knowledge of how they scaled to the level they have now.
How can the future owner improve the business?
Actually market it... Literally we have put very little time in this business the past year and the growth potential for minimal effort is huge. All the infrastructure is ready to go.
What work have you put into the store?
All the web cataloging, developing the product, marketing strategies, amazon catalog for most wraps.
How many hours does it take to run this business per week?