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$64,000 USD

No time to work on this 6-figure company anymore! Looking for someone passionate about fashion!

www.fashionwrld.com

Appears in Fashion and apparel , Trending stores, Established businesses, California, Oberlo stores for sale, Dropshipping, Lifestyle, Home Business for sale, United States, Large Business, Dropified Stores for Sale, Business and Franchises under $100,000

General description

Hi, I'm the current owner, Matthew. There is absolutely no store on the Exchange platform like Fashion Wrld. I can guarantee you will be able to profit with this amazing Shopify asset, unlike other stores. Keep reading and you'll find out why!

Utilizing the dropshipping model, we have found this is best way to profit online while completely eliminating the inventory management and costs. There is extremely minimal risk in this market, and allows you to freely jump from product to product. Any company that relies on one to few products in the eCommerce physical product world is not a real company.

Our main source of traffic is paid advertising, which is the #1 recommended method to having a sustainable business. Anybody telling you they utilize the majority of their efforts on SEO or Organic Search for traffic in 2018/2019 is straight up cost & time inefficient. Google and other search engines are constantly updating their algorithms, and people are searching different keywords as time goes on. This may decrease traffic overnight and dramatically hurt sales.

By mastering paid advertising, we are able to have a controlling & consistent source of income. Instead of hurting sales overnight, we can influence an increase in sales overnight with a well placed and targeting ad.

So what is included with the sale?

✔️ Fully optimized for conversions Shopify store, which has been worked on by several professional coders

✔️ Email buyer subscription list of over 3000+ customers

✔️ Access to a handful of trusted suppliers. After research and testing, we've eliminated (and blacklisted) bad ones, and compiled a list with suppliers that only use priority shipments with tracking, and give better than market prices, because of our already built relationship growth.

✔️ Seasoned Facebook page & pixel ready to influence sales

✔️ Google Account with automated campaigns

✔️ Six months worth of data and A/B testing so you know exactly which demographics to target

✔️ 40 Hours of FREE training to handoff operation guidelines

✔️ 1 Virtual Assistant who will automate Customer Support & Order Processing

✔️ Discounted price from the official Shopify valuation

If all operations and assets stay the same as pre-June, with the owner giving at minimum 10 hours per week towards the store, the projected Revenue is $25k per month, or about $10k in Net Profit.

In April and May, we had a short spike in sales due to having more time to put into operations. You can expect to see the same results if you put in at least 15 hours per week.

On top of the deposit, we can also work out a deal where I can stay on board as long as necessary where I can exchange more time as a staff member under the new owner for a 5-20% cut of future profits.

If other stores don’t offer an option like this, they are not confident that the next owner can stay profitable.

Even though the store makes a great side income, I have been slowly taking time off and would like to retire soon. Thus I must part with Fashion Wrld to a better owner who could put it to good use.

Financials and traffic

Please make sure to take the Revenue and subtract product costs, advertising costs, Shopify fees & apps, and employee costs when looking for the Net Profit. This should be a given, but you will be surprised at some of the inquiries!

Average profit/month

$10,500 USD

Average overall profit margin

42%

Average number of sales/month

1,000

Average Monthly revenue

$15,306.79 USD

Average Monthly traffic

18,291 Sessions

Revenue and traffic data from this graph is calculated by Exchange and can not be edited by the seller. Average profit, profit margin and number of sales are provided by the seller. Learn how Exchange calculated this data.

Business Expenses

Highly recommended to use the $79 Shopify plan over the $29 for the reporting.

Expense item

Cost

Shopify plan

$79.00/month

Subscriptions (ie. Mailchimp, apps)

$90.00/month

Advertising (ie. Adwords, Facebook ads, etc.)

$5,000.00/month

Employees (Including contractors and freelancers)

$350.00/month

Domain

$1.00/month

What’s included in the sale

  • Physical inventory
  • Logo and branding assets
  • Social media accounts
  • Personal support after sale
  • Domain
  • Product photos

Social Media

Mailing list

7,000 subscribers

Social media followers

6,000 people

Q & A

Do you work with any employees, freelancers, or contractors?

Currently, we have one Virtual Assistant handling Customer Service, Order Fulfillment, and sometime Product Sourcing. She helps automate the store so you have time to go over the Advertising management mostly. She is available to be employed under the new owner as well. I do recommend that if you scale the store and have a grasp on Marketing, that you hire a 2nd VA. The higher the sales volume the more VAs you will need in the future.

Why should someone buy this store?

You will take over our store which is fully optimized for conversions and tested by professional coders to ensure we have a top quality sales funnel. You will also be handed over a fairly large social media following, seasoned Facebook pixel and ad account, huge email re-marketing list, and fully automated Google Ad campaigns.

You will also be passed over to our amazing suppliers who we built a successful relationship, and will give priority shipping times, and easy bulk order tracking upload sheets.

How can the future owner improve the business?

The best way to improve the business is to put more time into the store than I am currently able to.

What work have you put into the store?

I have put several months into this store, sometimes working 15 hours a day in the beginning. Fully optimizing the store's sales funnel, building customer and supplier relationships, planning and creating a year long Facebook & Google advertising campaign, and A/B testing multiple different setups are some of the main points I have focused on. I have had two trusted Virtual Assistants find the best long term profitable products and spent the first few months adding them to the store. The store can now be almost run on autopilot with at least 10 hours a week overseeing operations.

How many hours does it take to run this business per week?

10 hours

$64,000 USD

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