All prices in USD
$125,000
  • Avg. revenue /month
    $12,299
  • Avg. sessions /month3,557
  • Avg. profit /month
    $5,500
  • Inventory value
    $100,000

Business Story

Why this business was started

There was a need in the marketplace for high quality layering pieces without a high price tag. The owners developed relationships with Italian fabric suppliers and manufacturers in the US. With almost no advertising and little social media, we have developed a very loyal customer base in both wholesale and retail sectors. There is significant room for growth.

The reason of selling this business

The partners wish to focus on family obligations and other ventures. The partners can no longer dedicate the time needed to run the business but are committed to working with the buyer for a smooth, successful transition.

What's involved in running this business

Fulfilling orders, corresponding with customers via email and via phone, ordering from suppliers, managing inventory levels, managing blog

This business was founded: over 6 years ago
Time to run this business: approximately 30 hours per week

Description

General description

Our company opened its doors back in 2002 and sold wholesale to retailers in the US and Canada until late 2014 when we opened our Shopify store. We specialize in luxury basics for women. All items sold in our store are Made in USA from Italian fabrics.

Wholesale accounts make up ~60% of our existing business with mostly repeat customers. Orders average USD$500-$1500. Retail sales average USD$150 and over 55% is repeat business. With almost no advertising and little social media, we have developed a very loyal customer base in both wholesale and retail sectors. There is significant room for growth.

The partners can no longer dedicate the time needed to run, much less grow, the business but are committed to working with the buyer for a smooth, successful transition.

All current inventory (we warehouse it and ship it), supply chain contacts, freelancer contacts, wholesale accounts, social media accounts, domains and product rights transfer with the sale.

Serious inquiries only.

Why should someone buy this store?

This is a turnkey, well established business for a person(s) looking to get into the fashion industry or add to their existing fashion line. A significant percent of our business is wholesale.

How can the future owner improve the business?

A future owner can grow the online business by expanding the social media presence, adding products to Amazon, increasing the wholesale accounts and growing the online retail.

What work have you put into the store?

We have customized the store with product colors that show each image/color, created tabs on certain pages that give it a more customized feel and added many apps that improve the customer experience. The loyalty app allows customers to accumulate points to redeem for merchandise and we've found this tremendously helpful in retaining good customers. We have designed email templates through MailChimp.

Traffic and Performance

  • Avg. revenue /month
    $12,299
    Verified
  • Avg. sessions /month3,557Verified
  • Avg. profit /month
    $5,500
  • Inventory value
    $100,000
  • Profit Margin65%
  • Avg. sales /month93
Other details about profit: Business could be significantly more profitable by growing the retail side through social media and some advertising or marketing.
Last 5 years revenue
  • $811,715
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Last 5 years traffic
  • 234,768Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $400
      /month
    • Inventory warehouse
      $100
      /month
    • Employees
      $7,000
      /month
    • Domain
      $15
      /year
    • Mailchimp, Springbot
      $75
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      Logo, social media information and photos
    • Personal support after sale

      The partners will be happy to spend one month of full time support and training with up to 6 months of availability via phone/email transitioning the new owner until the hand off is complete.
    • Domain

    • Product photos

      product images and all fashion images will be transferred
    • Social media

    • Suppliers

    • Mailing List

      8,500subscribers

    Seller‘s Advice

    How to grow this business

    Grow the social media presence and increase outreach to new wholesale accounts

    Skills to have

    no specific skills required

    Share

    Tags

    Similar Businesses

    Sold businesses

    Our features for a secure experience

    Exchange Trust

    • Verified revenue and traffic
    • Secure messaging platform
    • Escrow payment system
    • Dedicated migration team
    Learn more

    Why use Exchange?

    Exchange is the largest and fastest-growing marketplace for Shopify e-commerce stores

    Verified listing data

    The revenue and traffic data that you see on each listing is pulled directly from its Shopify account. This means that the data has been verified. Exchange reviews and monitors listings for thorough and accurate information.

    Secure messaging platform

    You will be able to communicate with sellers via a secure messaging platform. After you log in and request information from a listing, sellers are notified and have the ability to respond. When you are ready, you can make an offer.

    Encrypted payment capture

    Exchange and Escrow.com have partnered together to provide you with safe transactions that have bank encryption, making sure that payment is securely captured. Escrow.com ensures that its users pass verification checks before transactions can proceed.

    Take time to inspect the business

    Once you submit payment to Escrow.com and the payment has been secured, the funds are held until you confirm that all assets received are as negotiated. You can use the inspection period to ask the seller any extra questions about the business.

    Safe store transfer

    When the transaction is finalized, the dedicated migration team at Exchange will begin the process of making you the new owner of the store. Buyers and sellers will be notified via an email from the Exchange team once store transfers have been completed.

    Post-purchase 24/7 Shopify support

    Once you log into your Shopify account for the first time and choose a subscription plan, Shopify Support Gurus are available 24/7 to help you with the settings of the store.