$9,000 USD

Nice Menswear - Large Volume of Inventory

www.nicemenswear.com

Featured in Fashion and apparel , Oberlo stores for sale, Dropshipping, Lifestyle, Home Business for sale, Oregon, Business and Franchises under $10,000

General description

Nice Menswear is a brand currently specializing in neckties and bow ties. The business currently has about 1,900 ties in inventory, which had a manufacturing cost of about $8,500 and retail value of roughly $40,000. I started the business as a college student, and as I near graduation, I'm learning this isn't something I want to do anymore.

We receive sales through the website, Groupon, Amazon, and local retailers. All of the ties in our classic line (tried & true) are already pre-packaged and ready to ship. The student designed products currently ship in cool custom shipping boxes (we have about 60 of these shipping boxes left).

**** I started working with a new marketing platform that drove over $700 in sales between November 16th and November 30th at a $100 cost, and then drove over $1,000 in revenue between December 1st and December 31st at a ~$250 cost. Revenues of $640 as of today (Jan 19th 2018). Their flat rate is $200 + 5% of sales. We also worked with them in July as a tester month, our other peak month of sales. If you'd like to continue working with them, they are a national company and would love to keep Nice Menswear on the platform even under new ownership ****

(If you're familiar with dropshipping, this marketing platform mentioned above drives thousand(s) of hits to the website. Adding more products could dramatically increase revenues and net profit)

Our Instagram page @nicemodernmenswear has over 12,000 followers with high levels of engagement (entirely organic, no follow for follow or paid followers). Even though we are small, we have actively participated with major influencers and because of this we are fairly well known in the menswear Instagram community.

Once the price has been settled, the business, all of its inventory and resources will be entirely yours. You will also receive information about our suppliers, influencers, marketing channels, and whatever else you may need to be successful.

If you have any interest or questions for me, I'd love to discuss.

Financials and traffic

Average profit/month

$500 USD

Average overall profit margin

50%

Average number of sales/month

30

Value of inventory

$8,500 USD

Total revenue for last 12 months

$1,340.00 USD

Total traffic for last 12 months

6,248 Sessions

Revenue includes sales until the end of last month and is calculated from Exchange’s eligible payment providers. Total traffic comes from all data available to Shopify.

Business Expenses

We use a marketing platform that costs $200/month + 5% of sales as of November 18th 2017.

Expense item

Cost

Shopify plan

$29.00/month

Subscriptions (ie. Mailchimp, apps)

$1.00/month

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

$200.00/month

Inventory warehouse

$1.00/month

Domain

$1.00/month

Inventory

We have around 1900 ties in inventory right now, 1400 of which are individually boxed from a previous deal with Groupon. The manufacturing cost of the inventory would equal $8500, or the retail value would equal roughly $40,000. I currently keep all the inventory in my house, but reasonably you'd want a small storage unit or to work with a 3PL service for fulfillment.

Located in Corvallis Oregon

Willing to ship inventory

Willing to transfer relationships with suppliers

Sales and marketing

Marketing strategies

Word of mouth

Online selling methods

Amazon

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

nicemenswear

Instagram

nicemodernmenswear

Pinterest

nicemenswear

Twitter

nicemenswear

Newsletter list

71 subscribers

Social media followers

12,000 people

Features

Theme

Symmetry – $180 value

Products

49 products

Advertising

Google Analytics

Apps

B1983a5240f536f4369a3e5861489e9c

Oberlo

  • Easily import dropshipped products directly into your store
  • Have your orders shipped directly to your customers
  • Know that your inventory and prices are always up to date
60fca9c7f3400ddd43004e94b1355691

Product Reviews

A06a73791138d8d7f2ef1d0d2c918e64

MailChimp for Shopify

Cd71ab37aa85ad846ef6816c0d44701d

SEO Image Optimizer by Booster Apps

86ba59615730a0f83ddd94b8d96d470c

Order Printer

+ 17 more...

Q & A

Why should someone buy this store?

We provide everything needed to get started: supplier details, inventory, logos, product photos, functioning & aesthetic website, domain name, active social media accounts, etc.

How can the future owner improve the business?

The future owner should be capable of effective branding and online marketing.

What work have you put into the store?

I have sourced designs, manufacturers, purchased inventory, created the logo, website, began branding, created a 12,000 person following on instagram, created connections with other online & in person retailers, daily fulfillment, listed on eBay, Groupon, & Amazon.

$9,000 USD

Store images

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