Designer Clothing Store $600k Sales $250k Profit( Asking $550k Firm) This post is outdated
This is a very profitable business, Ive made it to be a plug and play. All of our advertising is outsourced and on going. We're seeing 5-8times ROI through though advertising sources which an agency is taking care of. Our inventory is sourced through a private source which will be included in this deal. Our social sites have about 12k organic engaged crowd. Our email list is about 3k with almost 9% conversion rate. Most traffic is PPC, but we have about 60k visitors per month right now, and this is steadly climbing due to our adspend increasing. This business is profiting about $21k per month, with $10k-$20k in revenue a week, with about $10k spend per month on adspend.
I hate that Im having to sell this business. Ive worked so hard for several months in order to get it to this point. Never had the intentions on selling but Imhaving serious issues keeping a credit card processor due to a drop in my personal credit. I feel like my personal issues shouldnt stop a train from running and this train is on track to do about $2Mil this year! I had to drop my adspend because the stores income had quadrupled in a couple weeks and my credit card company came asking questions about the vast increase in income, then placed a reserve on my account. So literly, its a plug and play business. Soon as we close on this deal you can double the adspend and DOUBLE THE INCOME INSTANTLY!
I'm asking only $550k which is a gut wrenching steal to become a millionaire overnight!