$300,000 USD

Monk central

monkcentral.com

Appears in Fashion and apparel , Established stores, New York, Lifestyle, Home Business for sale, Print on demand, United States

General description

We started Monk Central 1 year back with a vision to provide t-shirts for the masses in the United States. We sell T-Shirts in multiple niches and market segments. We drop-ship our T-Shirts from China.

Our revenue for the last 12 months is $1.9 Million [REDACTED] Average Monthly Revenue: $158,000

The sale includes access to our shopify store, FB Page with 21k likes and followers, our email list of 80,000+ customers, access to our Chinese vendor, domain name and training created by us ourselves to help you take Monk Central to the next level.

We drop-ship our tshirts from China. We currently make use of FB Ads to do the selling. We've sold almost a 100k T-Shirts and generated a revenue of almost $2 Mil within our first year of operations.

We make use of FB Ads to acquire our customers. And we make money from our existing customer base using email marketing and FB Messenger broadcasts.

Our average cost per customer acquisition is $6-7.

We have 10% sales from recurring customers every month.

We're selling the business because we’ve started a jewellery brand in our city. It’s self-funded, so we’re looking for investment for it. We want to focus on building the jewellery brand which demands my time, money and resources.

It’s taking way more effort and resources than what we expected. So, yes, we want the business to be taken over :)

Financials and traffic

What is the average net profit (per month) over the last 3 months?: $13.5k

What is the average net profit (per month) over the last 6 months?: $16k

What is the average net profit (per month) over the last 12 months?: $15k

Average profit/month

$15,000 USD

Average overall profit margin

10%

Average number of sales/month

7,000

Total revenue for last 12 months

$581,008.00 USD

Total traffic for last 12 months

474,524 Sessions

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

Business Expenses

Our revenue for the last 12 months is $1.9 Million [http://prntscr.com/j5vj00] Average Monthly Revenue: $158,000

Total profit yet: $190,000

Expense item

Cost

Shopify plan

$299.00/month

Subscriptions (ie. Mailchimp, apps)

$500.00/month

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

$54,000.00/month

Employees (Including contractors and freelancers)

$1,400.00/month

Domain

$0.00/month

Sales and marketing

Marketing strategies

Facebook ads

Instagram ads

Email campaigns

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

monkcentral

Instagram

monkcentral

Newsletter list

80,000 subscribers

Social media followers

21,000 people

Features

Products

1417 products

Apps

D81f6a0aeab1688cadef564d09addab3

Pillow Profits Fulfillment

  • Start selling custom printed shoes in minutes
  • Free worldwide shipping with destination tracking to the United States, Canada, Australia and UK
  • All orders are automatically fulfilled with fast production times using our easy-to-use app
A06a73791138d8d7f2ef1d0d2c918e64

MailChimp for Shopify

0acf71ea227f225b08ce559a9b6ee9ec

BEST Currency Converter

05d3dad30666912ea0d52df60e35de42

Conversio (previously Receiptful)

E5dec2ea1071861ceb4bffac82177a99

teelaunch

+ 20 more...

Q & A

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

Team roles, location, hours, salaries: http://prntscr.com/j5vjxd

Why should someone buy this store?

Because they get access to:

The entire store. FB Page with 21k organic likes Email List of almost 80k customers Niche Wise Audience Breakdown 700+ design files Access to vendor from China who provides great quality and dropship's for really cheap to US Repeat customer rate: 10-20% Training Material will be provided.

How can the future owner improve the business?

By expanding to neighbouring niches By testing designs in more niches Doing more of email marketing and funnels. Launching more products daily. Making the existing audience base stronger and selling niche based designs to them Utilising the lookalikes massively

What work have you put into the store?

  1. Launched the store 1 year back.
  2. Have tested 1000+ designs to finally have 20 best sellers that contribute to 80% of the revenue.
  3. Built a customer base of 80k in the process.
  4. Hired a virtual team for customer support, research, designing and product uploading.
  5. Running and scaling the FB ads

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

4 hours

$300,000 USD

Store images

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