Flippa
FOR SALE
Business Name

TrYptiX Fashion

Business Model
e-Commerce
Industry
Lifestyle

$55,000

Asking Price
Multiple 2.3x

+ $22,000 Inventory

TrYptiX Fashion and Rave-Nation offer high quality Light Up Clothing centered on the Electronic Dance Music, Rave and Festival industry. "Look Good, Live Wild, Love Life"
This business owner has manually entered their financials

Facts and Figures

Location
United States
Date of Founding
2009
Full-Time Staff
Owner Operated
Annual Revenue
$134,000
Annual Expenses
$110,000
Annual Net Profit
$24,000
Profit and Loss
Evidence of Revenue
Note: Where the business is less than 12 months old the annualized data represents total sales for the period of operation.

Recent Performance

Month January 2019 February 2019 March 2019
Revenue $9,750 $15,064 $11,850
Expenses $7,250 $8,500 $5,750
Net Profit $2,500 $6,564 $6,100

Business Description

TrYptiX Fashion and Rave-Nation offer high quality Light Up Clothing centered on the Electronic Dance Music, Rave and Festival industry. "Look Good, Live Wild, Love Life"

How does your business make money?

TrYptiX / Rave-Nation sells beautiful Light Up Clothing on two domains, Etsy, and Amazon. Rave-Nation has been in operation since 2009 and has a rich history in the rave scene. TrYptiX is making waves with stunningly beautiful, branded, illuminated apparel.

Why should someone buy this business?

Fiber Optic fashion is brand new, and a wide range of audiences love the fashion. If you buy this business you are entering a profitable niche that is not only un-saturated but rapidly growing. Check out our clothes and tell us you have seen anything like it before?

How can the future owner improve this business?

  1. New photography shoot to obtain catalog quality images and 'lifestyle' images. ~$2,000 to $5,000 investment
  2. Build B2B catalogs using new catalog images to target specific niches (will explain in detail only after sale is complete)
  3. Use lifestyle images to create influencer and affiliate marketing materials. Reach out to both.
  4. Ramp up Social Media. TrYptiXfashion.com has seen its instagram following grow by 3,500 people within 6 months with minimal efforts. Any serious efforts should lead to huge growth.
  5. Complete and launch the TrYptiX (and/or) Rave-Nation branded Android/Ios App ~$1000
  6. SEO Campaigns should be restarted immediately to control words like "Fiber Optic Clothing" and "Light Up Clothing" while the terms are still new and un-saturated.
  7. Above tasks should be done immediately. After 1-2 years, new products should be developed. (Again previous owner will give insight into what items have been requested)

Why are you selling this business?

After having ran Rave-Nation.com for nearly 10 years, I have grown burnt out. I started the business shortly after highschool with $1000, struggled to maintain it through college for several years and now that I am seeing huge potential for growth with the new light up clothing line, I just no longer have the passion, energy and drive that is really needed to take it to the next level. Its a bitter sweat decision to sell, one that has taken me months to actually pull the trigger on.

Business Strengths

  • Key Words Ranking
  • Brand and Community Loyalty
  • Customer Service
  • High Profit Margins
  • Positive Customer Reviews

Opportunities for a new owner

  • Start Selling into New Markets
  • Capitalise on the Emerging Market
  • Improve Current Marketing Efforts

Key day-to-day operations

  • Managing Staff
  • Customer Support / Service
  • Managing Inventory
  • Website Maintenance

Marketing

  • Facebook Advertising
  • Google Adwords
  • SEO

Inventory

Value
$22,000

Assets

  • Brand assets
  • Custom technology
  • Customer databases
  • Domains
  • Existing manufacturing relationships
  • Inventory on hand or on order at the time of closing
  • Marketing materials and collateral
  • Registered trademarks
  • Social media accounts
  • e-Commerce platform accounts
  • Google Adwords

Social Media

Facebook
21K followers
Twitter
0 followers
Instagram
3.5K followers

Post sale support

This is support provided by the seller when transitioning the business to a buyer.

Included

About the Seller

Shawheen Amirkhizi

United States

I have a passion for electronic dance music that has driven my taste in product and has resulted in the products you see on Rave-Nation.com and TrYptiXfashion.com.
I am a Shopify partner and love building sites!
A few years ago I graduated from the University of Wyoming with a degree in accounting.
While in college I competed in a business competition and with my baby Rave-Nation I won 1st place against several high tech firms.
https://www.uwyo.edu/uw/news/2013/04/evanston-student-wins-30k-entrepreneurship-competition-at-uw.html

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