- Avg. revenue /month$18,972
- Avg. sessions /month156,810
- Avg. profit /month$11,503
Why this business was started
We didn't actually start this business. We started working on it recently as a side project & purchased it from the previous owner. Our goals were to learn more about running a business & specifically running an online business.
Previous owner started it ~5 years ago and decided to sell because they were no longer passionate about the fashion industry.
The reason of selling this business
We both work full time jobs and don't feel like we can give enough time to this currently to grow it. Neither of us have as much experience in the fashion industry and we feel that is holding us back from enjoying running the business and growing it to its full potential.
We have some other things that we would like to dedicate our time to as well.
What's involved in running this business
At this point, we mostly just need to respond to customer service questions via email. Previous owner hired a VA to do that when it was more busy.
There are currently some orders that need to be manually fulfilled through Oberlo as well.
However, most everything else has been set up & is in an automated state. We have someone fulfilling ~95% of the orders. Some email campaigns are set up. We recently set up SMS. I wouldn't say we spend more than 2hrs most weeks operating the business.
To reach a state where the business is running efficiently and growing, it would be helpful to build out more email campaigns (with new offers) and have consistent social media posts.
We have turned off advertising entirely, so that would likely be helpful to work on when you take over the store.
Traffic and Performance
- Avg. revenue /month$18,972Verified
- Avg. sessions /month156,810Verified
- Avg. profit /month$11,503
- Profit Margin50%
- Avg. sales /month40
- Shopify plan
- Emotive SMS ($200 / month + SMS cost), Oberlo ($29), SendinBlue ($169), BEST Currency Converter ($9.95 / month), Stamped.io Reviews & UGC ($69), Wishlist @ $2 ($2 / month), Affiliatly: Affiliate Tracking ($24 / month), Also Bought • Related products ($9.99/month)
- LLC Registration + virtual address
Physical inventoryNot Included
Logo and branding assetsThrough Google Drive - some model photos & other collateral There is also a second instagram with the handle @itsaesthential with ~178k followers
Personal support after sale30 days - we can answer any questions, concerns, and help connect with supplier. We can also help with any refund requests/chargebacks in this time as well.
Product photosThis is all included within Shopify from supplier
SuppliersRelationship with partner in China to help with fulfillment
How to grow this business
To grow this store in the next five years, I would focus on the following: - focus on building a larger influencer marketing channel - build a community (Facebook group) and increase returning customers - begin manufacturing items to build a "brand" instead of dropshipping - focus on improving shipping times - growth through acquisitions
Skills to have
I think this opportunity would be best for someone who has experience running an e-commerce store already & maybe has a portfolio of them. Specific knowledge of the fashion space & this particular niche will be helpful as well.
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.