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Screenshot of sold business mylavishaccessories.com

My Lavish Accessories

mylavishaccessories.com

Appears in Fashion and apparel , Oberlo stores for sale, Dropshipping, Lifestyle, Home Business for sale, Cheap Businesses, Canada, Ontario, Richmond Hill, Jewelry

General description

This is a sleek, and modern store which specializes in the sale of women's fashion, specifically jewelry and accessories. My Lavish Accessories is a store which not only has proven potential within the jewelry marketplace, but has a lot of growth potential in the hands of the right owner. This store relies primarily on a drop shipping method of sales, meaning that anybody can become an owner and manage sales, customer service, and inventory all through the comfort of their own home. With 10+ currently sold products storewide, this shop mimics a luxury accessories brand, without any of the requirements of a physical inventory, or high product costs.

This store is being sold due to the sole fact that I no longer have the motivation or time to operate the business, and I would hate to see the potential of this brand go to waste. It is clear to me, that in the short span of time which the store was operated for, that it can become extremely resourceful for anyone with the time and passion for this type of business.

With the sale of the Shopify Store, My Lavish Accessories, this is what is included but not limited to: Shopify Store, Domain Name, Oberlo Account (Dropshipping, Products, Sales), Instagram and Facebook Accounts, any previous Instagram marketing connections, Brand Logos, any previously created advertisements and any personal help which is required.

If anybody is interested, please get in contact with me as soon as possible, and we can discuss pricing and any further inquiries which you may have.

Financials and traffic

The profit numbers which are being placed in this listing are averages collected throughout the duration which the shop was run for. Profit is based primarily on the amount of advertisements which are marketed, through Instagram, Facebook, or any other marketing channels. Profit will decrease drastically if the owner does not market the shop and its products regularly, as it is not an established brand.

The profit margins with these products are ridiculous. All products which are currently listed on the shop originate from companies which list their products on AliExpress, and so the expenses of paying for any inventory is significantly lower then any competition. Almost all products exceed a 70% profit margin, if not more.

From the charts, you can tell that the both the revenue and storewide traffic peeks around October. This is when I was putting my largest effort into running the store, averaging around 1-2 hours a week on the operation of the website and its aspects. Im positive any new owner with interest can beat these numbers with minimal effort put in on a consistent basis.

Average profit/month

$150 USD

Average overall profit margin

70%

Average number of sales/month

40

Total revenue for last 10 months

$177.00 USD

Total traffic for last 10 months

1,752 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

Expenses from this shop are composed mainly from, the Shopify set rate for running the store, the domain cost, advertising, and principle costs of any products.

Marketing costs are solely dependant on the channels which you utilize. In my experiences with Instagram and Facebook accounts, they charge 25 - 30 USD per advertisement.

Expense item

Cost

Shopify plan

$32.00/month

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

$30.00/month

Domain

$1.00/month

What’s included in the sale

  • Physical inventory
  • Logo and branding assets
  • Social media accounts
  • Personal support after sale
  • Domain
  • Product photos

Social Media

Q & A

Why should someone buy this store?

This store, with its simple and easy management and operation, and its modern design, can be beneficial to anybody seeking to sell through drop shipping. It is clear that this shop can produce customer traffic and profit for anyone who shows passion and dedication to the business.

How can the future owner improve the business?

The main aspect which needs to be worked on is expanding the customer base of the shop. Through improving the marketing, creating a regular promotion plan through advertising, and expanding the shops inventory with the use of AliExpress and Oberlo, anybody can make use of this shop, and make it a successful business.

What work have you put into the store?

The personal work which was put into the store includes: designing and perfecting the website design, branding the business, creating a name and logo, creating a diverse inventory of jewelry and accessories, creating advertisements, and administration of sales and customers.

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