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$72,000 USD

Snappy Towels

snappytowels.com

Appears in Sports and recreation , Inventory, Business and Franchises under $100,000, Canada, Ontario, Toronto

General description

The world's most useful sports and travel towels, Snappy Towels are made of a unique textured microfiber that is compact yet feels good on your skin. I'm looking to focus more on my other business and would love to transfer Snappy Towels to the right person who can give it the attention it deserves.

Financials and traffic

In addition to sales on our Shopify site, we did $9,103.37 in sales on Amazon.com FBA over the past 12 months (334 towels in 303 orders). Therefore, overall revenue for the past 12 months was USD $19,057.37

Average profit/month

$400 USD

Average overall profit margin

20%

Average number of sales/month

40

Value of inventory

$140,000 USD

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Business Expenses

I have Okendo reviews for $49/mo and Chatra Support app for free (perpetual beta user for the full Chatra app).

Expense item

Cost

Shopify plan

$29.00/month

Subscriptions (ie. Mailchimp, apps)

$1.00/month

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

$1.00/month

Inventory warehouse

$300.00/month

Domain

$0.00/month

Inventory

Warehouse charges $1.25 per package plus $0.75 per towels for fulfillment, with a minimum monthly fee of $300.

Located in Syracuse, NY

Willing to ship inventory

Willing to transfer relationships with suppliers

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

snappytowels

Instagram

snappytowels

Pinterest

snappytowels

Twitter

snappytowels

Q & A

Why should someone buy this store?

Sales have been consistently growing and with some extra social media promo this could really take off. There's enough inventory left to make a serious profit, for someone who knows what they're doing. If you have a complimentary product, an online presence or an existing retail business, you might have the skills and network to do extremely well here.

How can the future owner improve the business?

If you are a social media whiz or have a complimentary business you can combine with Snappy Towels you could do really well. We are well ranked in Google for microfiber beach towel and MANY related terms. With a bit more blogging or video blogging this could really take off. We sell as much on Amazon.com FBA as we do through our site. Additionally, we have had some wholesale orders to physical retailers, which could be built up as well!

What work have you put into the store?

I've built everything from scratch, including inventing this unique product. We hold American and Canadian trademarks, too. The domain, social media profiles, logo and more would all be yours.

$72,000 USD

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