SOLD – Online Wristwatch Retail Store – National Opportunity

Description

Established Business with Unlimited Potential

Only ever a side business for the current owner, this fully set-up ONLINE RETAIL STORE offers great potential for someone with time and promotional/marketing skills.

This business is perfect for someone with a passion for fashion watches, seeking either a simple side hustle or full-time job.

Work from anywhere – without the hassle of starting a business from scratch!

Business Highlights:

• Business established 2020 – Great customer reviews: “Stylish as any competitor but more affordable price point.”
• 2 styles available – 6 leather & 3 stainless steel colour variations  – Minimal design for men & women
• Customers of all ages – Male (30%) & female (70%) – Primarily Instagram shoppers
• Watches marketed through Shopify Website, Instagram & Facebook
• Business currently includes a charity donation initiative – $750 donated to 3 charities
  Assets include 400 Watches with boxes (unit cost ~$25;RRP $119), 140 Spare leather watch straps (rrp $19), 200+ Shipper boxes & mailing bags
• Current stock retail value $47,600
• Training will be provided to ensure a smooth handover
• Reluctant sale due to not having enough time to manage this business
• hendrixwatches.com.au

A buyer with enough time to devote to marketing activities would greatly benefit from this business – given they already have a quality product and platform to pick up and run with.

Wholesaling to fashion stores and doing more social media marketing would also pay dividends.

Price: $29,950