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$250,000 USD

TUXE

www.tuxebodywear.com

Appears in Fashion and apparel , Established stores, Pennsylvania, United States, Inventory, Oberlo stores for sale, Dropshipping, Lifestyle, Home Business for sale

General description

An extremely rare opportunity to procure a brand for a steal! Tuxe is not just a store, it’s a Women’s underwear brand with international recognition. Featured by Vogue, Oprah magazine, In Style Magazine, and Vanity fair, Fast Company... and worn by Meghan Markle! We have done business with Net a Porter, Bloomingdales, Selfridges and Nordstrom. In just three years we’ve disrupted the bodywear space, offering a superior product and penetrating an established industry. Founded in 2015 by Tamar Daniel, an international, prize winning designer with a background at Anthropologie and Topshop- Tamar saw a gap in the market and set out to address it. In the words of Vogue: “A genius construction that lends the appearance of a tucked-in hem minus the bulk.” If you’ve always wanted a foray in to the world of fashion- but were not sure how to break through the huge press and celebrity barriers to get the word out without having super deep pockets- we’ve done that work for you! We’ve built a luxury brand which means our quality is recognized and our price point is justified and respected in the market. Our customer base is loyal with 30% returning customer rate. Our average order value is a high $130 and our yotpo reviews are excellent with an average 4.5 star rating. Our sales emails convert effectively and repeatedly. Best of all- we've kissed a lot of frogs for you. That means that the vendors, freelancers and factories we work with are tried and tested and the best of the best. We also bring difficult to reach and warm contacts in editorial, buying, product development and influencer positions... having worked with stylists for Rihanna, Jennifer Lawrence and Meghan Markle to name just a few. Dont miss out on this once in a lifetime opportunity to own a fashion brand which has done the hard work of proof of concept and breaking in to the best in the biz. We will be there for you to handover all our best practices, contacts, resources and tricks. You can also choose to keep working with our network of affordable, vetted talent who know the company and the business. You'll be buying our trademark on the name in our category, the URL, our social following and very loyal email following, our bank of amazing images, our network of amazing professionals and industry contacts and our valuable inventory. This is a short cut to owning a community.

Financials and traffic

After years of bootstrapping the business is slightly profitable. For a fashion brand to achieve such great recognition and contacts and value within the industry without accruing major debt is an accomplishment we're proud of. There's now a real opportunity to build on our validity and supply chain to scale and ramp up- especially if you have industrial capital behind you.

Average profit/month

$4,000 USD

Average overall profit margin

50%

Average number of sales/month

72

Value of inventory

$150,000 USD

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Business Expenses

Adobe $31.79/month Dropbox $60/month Google $1.99/month Mailroom $150/month Apps $54.83

Expense item

Cost

Shopify plan

$181.00/month

Subscriptions (ie. Mailchimp, apps)

$80.00/month

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

$500.00/month

Inventory warehouse

$400.00/month

Domain

$1.00/month

Inventory

We ship through Ready Shipper and Endicia, and use fedex to bring in stock from China, paying import taxes and fees We have a wonderful relation ship with a world class manufacture who had been vetted for General Certificate of Conformity - Adult Clothing GCC)

Located in PA

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

TUXEBodywear

Instagram

tuxebodywear

Pinterest

tuxebodywear

Newsletter list

10,000 subscribers

Q & A

Why should someone buy this store?

We love building things from the ground up and feel we have given our best work to bringing Tuxe into reality. There is a very unusual, opportunity here to buy in to a brand which has many potential ways to expand and leverage the groundwork we accomplished. It's not often that a start up is met with the accolades we have been- and we're not saying that to toot our own horn. It's due to hard work and talent and also recognizing a genuine need in the market. We're excited for someone who specializes in the growth stage to take it from here to inifinity and beyond! There's really no limit. This would be a great purchase if you're ready to put real money and manpower to drive in to the next stage and grow exponentially- building on the strong foundation you'd inherit.

How can the future owner improve the business?

There are different ways we see to grow this business. Our customers are definitely hungry for additional products, for more coaching type videos or additional content around how to put together outfits. Theres an opportunity to set up drop shipping complimentary products and to build the email list in to a monthly newsletter to grow it and sell more through it. In addition this business would lend itself to more in person events- the few that we have done have been very successful.

What work have you put into the store?

We’ve invested $5000 in getting an evaluation, recommendations and implementation by an esteemed UX firm to ensure max conversion and best customer flow and experience. We’ve also invested $20k in imagery from famous NYC photographers to populate the product pages and landing, collections pages. We have invested heavily in gorgeous state of the art photography, and custom coding the Shopify site to include a better Customer User Experience flow.

$250,000 USD

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