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$8,000 USD

Watch and Juwelry E-store from Monaco "PRICE REDUCTION"

mc.monacoregatta.com

Appears in Fashion and apparel , Inventory, Business and Franchises under $10,000

General description

E commerce store from Monaco selling Juwelry and watches.

We started this venture summer 2017 and launched with Juwelry with intention to use this database while launching the watches at a later point. Watches is our main focus. When designing the watches our goal has been to produce a very high quality watch with a reasonable price, we have been able to use Swiss movement etc while still keeping our cost low, the finished product is something we are very proud of and it has taken lots of time and effort to reach to this point where we are now with production in full scale.

What is included in the purchase.

  • 4 separate shopify accounts, in local languages and currencies.

    • French/MC, eur
    • English, gbp
    • German, Eur
    • Euro, Eur
  • Inventory of Juwelry, all products on the site, around 5k of value.

  • First order of watches is signed for and payed deposit on, order is for 300 watches and is expected to arrive soon, there is still possibility to alter minor things. Deposit of 6000USD is payed. See watch example here [REDACTED]

  • FB, instagram, twitter and interest accounts.

  • 3pl Account, today they handle logistics from uK, we can ship all inventory to your destination of choice if you want to handle it yourself.

  • High end renderings of all watches

  • Custom theme and professional design.

  • Vetted watch manufacturer and been visited several times during the development and design process.

  • Watch design done by high end luxury watch designer.

  • Packaging manufacturer ready and established.

When I created this company it was with the intention to have it as a profitable side project, now it has grown and I see what it has taken in time to develop the first round of watches succesfully and since I am involved in many other projects I cant commit to this also and launch it properly as I would like to.

Perfect for someone that wants to launch a jewelry and watch business but not want to start from scratch.

Financials and traffic

Juwelry gross profit margin 90% Watches gross profit margin 85%

Gross profit margin can be much higher I done opt for non Swiss movement, however we have opted for very high end parts such as Swiss parts etc, new owner is free to change this direction,

Average profit/month

$2 USD

Average overall profit margin

90%

Average number of sales/month

2

Value of inventory

$5,000 USD

Total revenue for last 8 months

$3,633.00 USD

Total traffic for last 8 months

10,531 Sessions

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

Business Expenses

Developers and expenses are all by need, no real fixed costs apart from 3pl and shopify.

Expense item

Cost

Shopify plan

$29.00/month

Inventory warehouse

$20.00/month

Employees (Including contractors and freelancers)

$20.00/month

Domain

$1.00/month

Inventory

Inventory of Juwelry is held in UK, and is with about 5k usd. Deposit for first order of watches is paid, 6000USD. Order is for 300 watches as a first order.

Located in uk

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

monacregatta

Instagram

monacoregatta

Pinterest

monacoregatta

Twitter

mcmonacoregatta

Q & A

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

All freelancers is working by the hour and is available to new owner if he wish to use them.

Why should someone buy this store?

Perfect for someone that wants a turn key store, 4 unique shoddy stores in local languages, first order done and major costs and time has been taken already, watch deposit payed for.

How can the future owner improve the business?

Start working with influencers, take the time to do this and launch the watches, the feedback we have gotten from the design of the watches has been really good.

What work have you put into the store?

Endless hours of development, searching for watch manufacturing, packaging, design process, tons of funds has gone into this. Anyone that understands this also knows about the time and money that is involved in launching something like this and to take it to the first phase with reliable manufacturers.

$8,000 USD

Store images

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