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$80,000 USD

Unfettered Socks: Performance Socks for the Business World

unfetteredsocks.com

Appears in Fashion and apparel , Minnesota, Business and Franchises under $100,000, Inventory, United States

General description

Unfettered Socks are performance dress socks for the business world. Purchase this out-of-the-box apparel brand with strong margins in a growing industry; multiple retail partners already established in St. Louis & Minneapolis. Run the business "as-is" to receive passive income, or invest additional time by implementing and scaling our pre-established National Retail Sales Program or Global Digital Ambassador Program, and watch profits sky-rocket. Utilize our existing relationships with clothing & packaging producers overseas, and quickly expand into new styles and SKUs with our turn-key business.

Financials and traffic

The below metrics are reported as gross profit.

Average profit/month

$400 USD

Average overall profit margin

65%

Average number of sales/month

50

Value of inventory

$70,000 USD

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Business Expenses

Expense item

Cost

Shopify plan

$40.00/month

Subscriptions (ie. Mailchimp, apps)

$50.00/month

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

$30.00/month

Inventory warehouse

$1.00/month

Domain

$1.00/month

Inventory

5,000 pairs of socks

Located in Minneapolis, MN

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

unfetteredsocks

Instagram

unfetteredsocks

Pinterest

unfetteredsocks

Twitter

unfetteredsocks

Newsletter list

600 subscribers

Social media followers

3,800 people

Q & A

Why should someone buy this store?

Our store has completely untapped potential. All three of us founders work full-time jobs, and haven't had the time to invest in growing this business. All of the components have been created and established, and if we had the time, we could make this business very successful.

How can the future owner improve the business?

  1. Invest in additional marketing channels to build the brand awareness
  2. Utilize existing supplier relationships to expand the product line into more styles and/or other types of apparel
  3. Grow retail presence by implementing our out-of-the-box National Retail Sales Program (including contracts, job listing, marketing materials, etc.)
  4. Increase online presence by implementing our out-of-the-box Global Digital Ambassador Program

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

2 hours

$80,000 USD

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