Fast growing trendy jewelry shop that has done around $10k in online revenue in only 6 months with huge profit margins and very little time or effort Very good and quick responsive suppliers that will work with you on anything you need.
Many opportunities available to grow and expand business according to owners' liking. The foundation for the business has been put in place!
OWNER IS LOOKING TO SELL BECAUSE OF LACK OF AVAILABLE TIME DUE TO OTHER VENTURES AND A AGREED BREAK UP OF EXISTING PARTNERS WHO WILL BE MOVING AWAY FROM EACH OTHER
VERY HIGH PROFIT MARGINS ON ALL PRODUCTS! ~80%
Inexpensive Shipping Costs
Vast Inventory that will be given with business
Opportunities for massive expansion with the right owner
Ability to offer a variety of different materials and options to customers
Ability to design and create any type of products you want
Catchy brand name and logo that has already raised much awareness
Financials and traffic
Profit margins are extremely high! Majority of the products have a cost of $5-$15 and sell for $75+! Also many products are sold in bundles. You can also offer solid gold and other options that have even bigger profit margins!
Average overall profit margin
Average number of sales/month
Value of inventory
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Very high profit margins with the chance for massive expansion under the right owner. Already have created large awareness among users in a short period of time. A great selection of products that can be expanded on based on the liking of the new owner.
This is a great company that is being dissolved due to conflicts with the owners and lack of time to put into venture.
WELL OVER $150K IN INVENTORY VALUE
How can the future owner improve the business?
Great marketing plan and trendy design ideas. Use influencers and great content marketing. Great fast growing business that just needs someone who can put the time in for marketing and new designs.
What work have you put into the store?
Much work has been put into this store and the foundation is perfectly set for the right owner. Suppliers are communicated with over WhatsApp and can be easily transferred over to the new owner with no problem. Smooth transition available with this shop. It really couldn't be a better trade-off.
How many hours does it take to run this business per week?
Created a great foundation for this shop. Due to my career I am not able to put the proper amount of time into this shop to allow it to live to its full potential. Also me and my co-founders have decided to split up and move way from each other. The shop went live last November and has grown at a quite astounding rate for the short period of time it has been online. I am available for any help or advice post sale!