Flippa
FOR SALE

LOOP+BOND

Business Model
e-Commerce
Industry
Design and Style

$180,000

Asking Price
LOOP+BOND sells stylish, accessible luxury cashmere scarves via a Shopify store.
This business owner has manually entered their financials

Facts and Figures

Location
United States
Date of Founding
2016
Full-Time Staff
Owner Operated
Annual Revenue
$183,828
Annual Expenses
$102,000
Annual Net Profit
$81,828
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.

Business Description

We design and import luxury cashmere scarves from Mongolia and sell them on our Shopify website. We provide luxury scarves at accessible prices targeting a wide range of customers. This is a great business for someone seeking to enter or expand in the luxury eCommerce niche.

Knit from the world's finest cashmere, our scarves are soft and light, durable and strong, and they are available in a range of bold and beautiful designs. Our designs are available exclusively through our LOOP+BOND store.

How does your business make money?

Selling cashmere scarves online.

Why should someone buy this business?

This is a very stable operation that is turn key from supplier to end customer fufillment. The website is easy to use (Shopify) and has a growing database of customers.

How can the future owner improve this business?

Improving pricing, advertising and promotions. Reductions of costs through different shipping options, especially importing product from Mongolia.

Business Strengths

  • Key Words Ranking
  • Brand and Community Loyalty
  • Low Return Rate
  • Outsourced Order Fulfilment
  • Scalable Business Model

Opportunities for a new owner

  • Launch New Products
  • Improve Current Marketing Efforts
  • Introduce Further Revenue Streams

Key day-to-day operations

  • Customer Support / Service
  • Managing Inventory
  • Adwords Maintenance

Marketing

  • Email Marketing
  • Facebook Advertising
  • Instagram Advertising

Inventory

Units
-
Value
-

Assets

  • Brand assets
  • Contracts (written or verbal) with customers and suppliers
  • Domains
  • Existing manufacturing relationships

Social Media

Facebook
2.3K followers
Twitter
25 followers
Instagram
2.1K followers

Post sale support

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

Included

About the Seller

Private Seller

Jay Basnight

United States

Digital Marketer with experience in E-Commerce, Branding, and Marketing

Contact Seller