All prices in USD
$400,000USD
  • Avg. Revenue /month
    $13,807USD
  • Avg. Sessions /month4,175
  • Avg. Profit /month
    $13,500USD
  • Inventory value
    $100,000USD

Description

General description

Our company opened its doors back in 2002 and sold only 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.

For the past two years the partners have been focused on family obligations and other ventures and have not had time to focus on growth. Despite this, the business has done well with sales remaining consistent thanks to repeat business. 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.

Time to run this business: approximately 40 hours per week

Traffic and Performance

  • Avg. Revenue /month
    $13,807USD
    Verified
  • Avg. Sessions /month4,175Verified
  • Avg. Profit /month
    $13,500USD
  • Inventory value
    $100,000USD
  • Profit Margin60%
  • Avg. Sales /month100

Other details about profit: Business could be significantly more profitable by growing the retail side or by increasing the amount of wholesale accounts.

Last 3 years revenue
$648,906USD
Revenue data comes directly from Shopify and cannot be edited by the seller
Last 3 years traffic
196,267Sessions
Traffic data comes directly from Shopify and cannot be edited by the seller

Expenses

  • Shopify plan
    $400USD
    /month
  • Inventory warehouse
    $100USD
    /month
  • Employees
    $7,000USD
    /month
  • Domain
    $1.25USD
    /month
  • Mailchimp, Springbot
    $75USD
    /month

Sale Includes

  • Physical inventory

  • Logo and branding assets

  • 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

  • Suppliers

  • Mailing list
    5,000subscribers
  • Social Media
    Total followers5,000subscribers

    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.