- Avg. revenue /month$81,520
- Avg. sessions /month60,085
- Avg. profit /month$20,000
- Inventory value$25,000
Why this business was started
In 2015 we started the business as a hobby with an € 500 investment. We bought some goods, send them to some influencers and focused on winter business with fur jackets. After 5 years we reached a revenue of € 2M/year. These figures were reached with continual optimizing in areas like buying, marketing and influencers we collaborate with.
The reason of selling this business
The family business grew very fast and healthy but it’s time to exploit the full potential of this industry by scaling all areas like buying, marketing and staff. We as a family business are not able to make this next step as this requires more entrepreneurial know-how. With the right investment and know-how the store has potential to grow x10.
What's involved in running this business
Currently the main areas we are working on is buying from wholesalers or suppliers, running performance campaigns and influencer marketing and fulfilling the orders. Therefor we have our own photo studio and warehouse which can also be taken over.
Fast fashion is an Industry with high growth rates and a huge potential also in other areas like sports- and swimwear, accessories and beauty. These areas can be expanded and help grow the business. But also just scaling of the current structure will increase revenue as we only have 50-100 new items a month, imagine the growth if you can offer daily new items. This also means higher investments into buying, marketing, Influencer campaigns and staff.
What we did the last 5 years? As already mentioned we started the business out of a hobby with a € 500 investment. In the first 6 month we reached a revenue of € 35k and in the following winter season we decided to sell parka jackets with real fur as this was and still is an usp compared to the big brands like asos, etc. as they don’t sell real fur. But it’s a market and there are a lot of customers who want to buy real fur instead of fake fur. In 2019 our revenue increase to over € 2M.
Anyway the store has the potential to increase sales out of the winter season with fast fashion like pants, tops, jeans, etc., but therefor it needs more investment into buying, marketing and staff. Even if we only sell real fur there’s also a huge potential for fake fur which can be added to the portfolio.
Why should someone buy this store?
If you are looking for a successful online store reaching to young millennials and using latest tools like social media, influencer marketing you should have a deeper look into our store. Theres a huge potential for growth is it as a buyer or investor.
How can the future owner improve the business?
The store can be improved with an investment on all parts like buying, marketing and staff. But even without any investment the store has huge potential to continue successful business. All you need to do is buying goods, run advertising and influencer campaigns and fulfill the orders.
What work have you put into the store?
We put all hard work into this business to make it grow and stay in the industry since 5 years. Now the time has come to increase the potential this store has and we are sure this can be done better with the right know-how.
Traffic and Performance
- Avg. revenue /month$81,520Verified
- Avg. sessions /month60,085Verified
- Avg. profit /month$20,000
- Inventory value$25,000
- Profit Margin20%
- Avg. sales /month1,200
- Shopify plan
- Inventory warehouse
Logo and branding assetsAll items incl. logo and brand identity will be transferred. Also the registered trademark.
Personal support after saleWe commit to provide a 3 months support on all necessary areas. Wholesale contacts, Influencer contacts, potential employees and maketing agency.
Product photosEverything is stored in Shopify and will be transferred within the handover.
SuppliersWe will handover the contact to our suppliers
How to grow this business
With an investment into key units like buying, marketing and staff the store has a huge potential to grow with a professional structure.
Skills to have
To continue the business you should have knowledge of all areas to run an online store like buying goods, preparing content like photo shootings and product description and fulfilling orders through the warehouse. To grow the store you need to have business administration skills to setup company structures.
Our features for a secure experience
- Verified revenue and traffic
- Secure messaging platform
- Escrow payment system
- Dedicated migration team
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.