Flippa
FOR SALE

JIG - Joint Isolation Gear

Business Model
e-Commerce
Industry
Design and Style

$2,390

Asking Price
JIG (Joint Isolation Gear) sells branded fade free cubain chains: necklaces and bracelets (Cuban Ice, Links, Ropes...) in a variety of sizes with high margins.
This business owner has manually entered their financials

Facts and Figures

Location
Canada
Date of Founding
2017
Full-Time Staff
Owner Operated
Annual Revenue
$43,320
Annual Expenses
$26,400
Annual Net Profit
$16,920
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

Joint Isolation Gear brand (our own) that sells Cuban Chains oh Shopify platform, it has a fictitious founder called Johnny Cuban that connects with it's passionate tribe of Hustlers around the world. The chains are developed by a specialty jewelry provider based in China and shipped to a distribution centre in the UK where they are then sent around the world.
Note: Selling price does not include current inventory which will be compiled just before the transfer. See inventory note for current level/cost.

How does your business make money?

We get our jeweleries at manufacturer's price (very low cost) and sell at retail value which leaves large margins for advertising and profitability.

Why should someone buy this business?

Unique proprietary brand having thouzands of followers on social media with no real competition

Joint Isolation Gear brand (our own) that sells Cuban Chains oh Shopify platform, it has a fictitious founder called Johnny Cuban that connects with it's passionate tribe of Hustlers around the world. The chains are developed by a speciality jewelry provider based in China and shipped to a distribution centre in the UK where they are then sent around the world. Almost 2 y/o eCommerce Shopify Site w/ 14,755 Page Views p/mo & $1,410 Net Profit p/mo

The direct to consumer eCommerce model is a great business. You buy products for approx. 30% of retail value, invest approx. 20-30% in advertising and take a 50-60% gross margin.

JIG has a great brand with great social assets:

FB page Likes: 16,000
JIG Hustlers fb group: 619 Members
Instagram: 19.3k Followers
Email List: 2,492
And GREAT brand videos:
https://www.facebook.com/watch/?v=368534213583397

How can the future owner improve this business?

Future opportunities include investing more in influencers (we have found that up and coming rappers are the most effective), Google Ads, Google Shopping and more investment in Facebook/Instagram Ads will drive growth.

Business Strengths

  • Brand and Community Loyalty
  • High Profit Margins
  • Low Time Commitment Required
  • Outsourced Order Fulfilment
  • Scalable Business Model

Opportunities for a new owner

  • Launch New Products
  • Start Selling into New Markets
  • Improve Current Marketing Efforts

Key day-to-day operations

  • Customer Support / Service
  • Product Sourcing and Design

Marketing

  • Email Marketing
  • Facebook Advertising
  • Influencer Marketing

Inventory

Units
210
Value
$6,700

Assets

  • Brand assets
  • Domains
  • Existing manufacturing relationships
  • Hosting accounts
  • Marketing materials and collateral
  • Policy and Process documents
  • Relevant email accounts
  • Social media accounts
  • e-Commerce platform accounts
  • Google Adwords

Social Media

Facebook
17K followers
Instagram
19K followers

Post sale support

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

Included

About the Seller

Private Seller

Sylvain-John Peratsakis

Canada

Serial entrepreneur on brick and mortar (traditional businesses) since the age of 16, with over 30 years experience. Started several businesses from scratch to bring up to $4.5M in sales yearly more than 50 employees. Acquiered existing businesses, restructured, reorganized and increased profitability. Online businesses is a new venture (or model)

Contact Seller