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$19,999 USD

Premium Chef Knives

premiumchefknives.com

Appears in Home and furniture , Established stores, California, Business and Franchises under $20,000, United States, Los Angeles

General description

Premium Chef Knives if a top destination for fine cutlery. While the focus is on chef knives, we also offer sets, steak knives, sharpening tools and whetstones, cutting blocks, storage solutions, and other accessories. The brands we work with are quality made and demand a premium price. There are very little customer service issues, and shipping costs are low. Marketing the brand is fun and rewarding. This is as turn key as it gets for a drop shipping store. The store is being sold because its owner is working on another project and doesn't have the time to manage. Owner is looking for a good home for a quality website and is willing to share all knowledge and some basic post sale consulting. Feel free tor each out with any questions!

Financials and traffic

COGS is around 50%, marketing & fulfillment is around 15%. Website operating expenses are negligible. No inventory held - drop shipping model.

Average profit/month

$1,500 USD

Average overall profit margin

35%

Average number of sales/month

25

Total revenue for last 12 months

$43,990.00 USD

Total traffic for last 12 months

22,750 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 are low, marketing is where you'll spend most of your monthly budget/time. Profitability lies in the right marketing mix and periodic optimization.

Expense item

Cost

Shopify plan

$30.00/month

Subscriptions (ie. Mailchimp, apps)

$5.00/month

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

$750.00/month

Employees (Including contractors and freelancers)

$150.00/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

Newsletter list

225 subscribers

Q & A

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

I use a virtual assistant to help process orders and new inventory.

Why should someone buy this store?

We have built a strong brand, a profitable niche, got the store started with its first group of suppliers and built those relationships that should be transferrable. The store is easy to operate, customer service issues are few and far between, and it is a great lifestyle business.

How can the future owner improve the business?

The future owner can continue where the founder left off and add more premium suppliers to the mix to continue to grow revenue. Expand marketing and social channels and continue to optimize. There is no reason this business can't provide $10,000+/month in profit with some hardworking.

What work have you put into the store?

Branding/design, SEO on page and off page optimization. Product listings and images, SEM, customer product page optimization work.

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

20 hours

$19,999 USD

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