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$90,000 USD

Sixfourteen

sixfourteen.net

Appears in Fashion and apparel , Established stores, United States, Oklahoma, Business and Franchises under $100,000, Etsy

General description

Sixfourteen is an online Jewelry and Accessory website that started on etsy and moved to shopify October 2017. It started out as a handmade business, but I quickly realized how much time that required so I started outsourcing products. I have a list of vendors who I trust completely and will share with the sell of the business. I also have tons of inventory in stock that would be included. My heart is in my corporate career, so I don't have the time to devote to my side business any longer-but I don't want to see it disappear. I have put a lot of love into sixfourteen, it is near and dear to my heart, but it is time for me to turn the reins over to someone with more drive and passion to work for themselves.

Financials and traffic

Average profit/month

$2,300 USD

Average overall profit margin

70%

Average number of sales/month

68

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Business Expenses

Expense item

Cost

Shopify plan

$29.00/month

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

$10.00/month

Domain

$24.00/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

Facebook

sixfourteenokc

Instagram

sixfourteenokc

Newsletter list

580 subscribers

Social media followers

12,000 people

Q & A

Why should someone buy this store?

This business has generated over $40,000 in revenue each year for the past 2 years-with little marketing focus. It was a hobby-turned business, that has grown extremely fast. It continues to grow without marketing focus or new product launches.

How can the future owner improve the business?

By adding a true vision and marketing plan for this business, the potential is endless. There has been little marketing focus for this business-the majority of the sales were organic, done without paid ads or SEO-and has been profitable. With the right marketing and vision, this business could be a goldmine!

What work have you put into the store?

This business has been a side hobby for me, so I have not put 100% effort into it-however-it has been an extremely profitable side-hustle. I think someone who is a true entrepreneur with more time to devote to this business could turn this into something amazing.

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

6 hours

$90,000 USD

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