- Avg. revenue /month$102,593
- Avg. sessions /month74,228
- Avg. profit /month$25,000
Why this business was started
SHOPIFY VALUATION PRICE: $570,410.00
Because the fashion market is one of the most profitable businesses (but also one of the hardest) in the dropshipping sector and because we allready had experiance in this niche. Also the low competition was a cause to start this store, because in germany we have A a lot of bureaucracy and B many sellers are afraid of to the return risk at the fashion business.
We also had massive return problems (like you see in the profit margin), but there are multiple ways to keep the refund quote at around 10%, which can be very profitable. We even know a competitor who is able to maintain a 5% refund quote.
It's all about checking the product quality and sizes.
The reason of selling this business
We are three business partners who have split up. Now we need the money for new projects. One partner will even stop e-commerce and focus on something else. We've all build this store up together and decided it would be the best to sell the store and split the profits.
What's involved in running this business
Customer Support, qualified copywriting and order fulfillment is outsourced. You have to run the ads and do the product research. If you are a foreign business man, i recommend to hire somebody bilingual, who can be the head of customer service.
The sourcing and fulfillment does a chinese sourcing company for us. They buy, check and ship the products we sell. The processing time takes in average 5 days and the delivery time is thanks to the DHL direct line shipping of our agent very fast. It takes around 5-9 Days.
Traffic and Performance
- Avg. revenue /month$102,593Verified
- Avg. sessions /month74,228Verified
- Avg. profit /month$25,000
- Profit Margin21%
- Avg. sales /month6,666
- Shopify plan
- Facebook Ads
Physical inventoryNot Included
Logo and branding assetsThe complete the design and logo is included and will be transferred.
Personal support after saleWe will support you in facebook advertising for 2 months. We will teach you our strategies. We will also connect you with our copywriter and teach you what design aspects are important in the german market (the marketing works a little bit more different as it does in the US). The store is currently running.
Product photosWe used the products photos from Aliexpress and from our supplier.
Mailing ListNot Included
How to grow this business
We would reduce the refund quote at first through quality checks and testing the sizes (can be arranged with the supplier).
The next step would be to test more products (the store will come with some not yet scaled winners). Afterwards you just need to scale the ads, the fulfillment and whole support.
We would also expand in other EU countries but it wasn't profitable because of our tax situation.
Skills to have
You should know how to hanlde the ad manager of facebook but we can even show you that. We can get you the right ressources so that you just need the money and a little bit of entrepreneurial thinking.
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.