- Avg. revenue /month$1,692
- Avg. sessions /month2,547
- Avg. profit /month$2,200
Why this business was started
I purchased this business from its original owner/founder in November, 2018. The original owner launched the company in October, 2017 but had a very demanding second career and did not have the time or energy to give to the business. I saw the potential in the business and took it over.
The reason of selling this business
I have decided to sell the business because my family is moving international and I will not have the time to dedicate to the business. After working on the business for the last 6 months, I believe it is in the ideal position to be handed over to a new owner who has a great vision. We recently changed the name of the business and sold through all of our existing inventory, so you can start fresh and lead the business in the direction of your choosing.
What's involved in running this business
The business is not overly complicated but does take about 10-15 hrs/week to run. This involves posting to social media, interacting with audience, shipping out orders, monitoring facebook ads, and responding to the occasional message/email. When shipments come in, you will need a few extra hours to unpack, label, and organize clothing. We will also be introducing you to our suppliers and transferring over $3,500 of credit at manufacturer.
Traffic and Performance
- Avg. revenue /month$1,692Verified
- Avg. sessions /month2,547Verified
- Avg. profit /month$2,200
- Profit Margin56%
- Avg. sales /month105
- Shopify plan
- email marketing, etc
- Facebook, Instagram
- ink, printer paper, poly-mailers, etc
Physical inventoryNot Included
Logo and branding assetsWe just changed the name of the business at the end of May. However, we have always used our name of the business on our clothing instead of a logo. If the new owners wanted to come up with a logo for the brand, that would be a fun [REDACTED] I do not feel it impacts sales.
Personal support after saleI am happy to help for as long as necessary via email, skype, text, etc. I want the new owner(s) to feel as comfortable with the process as possible.
Product photosTons of professional photos. We will be transferring everything we have to the new owners by google drive or any other photo sharing software.
How to grow this business
For the new owner(s), I will write down what I feel would be the best plan for growing the company over the next 5 years, but it would be a continuation of what made the company successful in the first place... marketing, consistency with content, growing product line, and providing great customer service.
Skills to have
I came into this business with no formal training and have learned it very fast. The new owner(s) should understand social media (instagram/facebook/etc), and the basics of marketing. I learned all these from various free online sources.
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.