Previous store Next store

$89,000 USD

www.littlepalacestore.com

littlepalacestore.com

Appears in Fashion and apparel , Established stores, United Kingdom, Business and Franchises under $100,000, Inventory, Large Business, Businesses using ShippingEasy for Sale, Dropified Stores for Sale

General description

Welcome to our listing.

This store is a very exciting opportunity for someone that wants a “ready to go” store within the childrens niche with huge potential to expand. This is a real chance for someone to scale it on a huge scale.

The store has been independently valued (by 3 companies) at $110,000 + and for full disclosure, will also be for sale with an agency for a higher sum.
We have put on here however for a quicker sale so please only contact us if you are a serious buyer.

We haven't yet started to scale globally and currently we only sell in the USA. We have many expansion opportunities within our niche that our clients are asking for. There truly are a lot of opportunities for growth.

We run facebook and instagram adverts currently to drive traffic to our store and there are some great adverts with very good stats already running that will obviously be included with the sale. The pixel and all adverts will be included in the sale. the store has generated almost $250,000 in sales to date and averages around 20% profit.

Our amazing VA will also be included in the sale to help you start smoothly. He knows the store inside out and can help the new buyer transition easily and effectively. He does customer service, orders and Facebook posting and questions/comments.

We have a warehouse in the USA where we send certain products for priority shipping (2-4 days) and they have agreed to let the new buyer continue this process and have access should they wish to do so.
We are also currently drop shipping from select suppliers in China and all sellers and some personal contacts will be included in the sale.

We have (all naturally with no purchased likes) over 20,500 followers on our facebook page. Instagram we have hardly touched so it’s another great chance to scale. These will also come with the sale ready for the new owner to expand and utilise.
All other social media is untouched revenue so yet again, another chance to expand.

Every Mailchimp newsletter has generated sales and we currently have around a 13,000 strong mailing list but we haven't been regular enough and this again is an untapped opportunity. Our entire mailchimp data and content comes with the sale. We recently ran a test campaign that generated over $1000 in two days.

We have generated almost $250,000 in 12 months. The profit is average of 20%. This has been less some months due to testing. We also have repeat loyal customers who come back time and time again as well as lots of new customers each day.

We are selling the store simply as we do not have the time to commit to it any more, with other projects that take up our time and we feel the store needs better than we can give it. We are looking for a quick sale hence the price.

Financials and traffic

profit margin is 20% average. Some months a little less and some more. This comes down to advertising spend and testing.

Average profit/month

$5,000 USD

Average overall profit margin

20%

Average number of sales/month

750

Value of inventory

$1,500 USD

Lifetime revenue

$243,850.00 USD

Lifetime traffic

301,955 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

its very hard to state the average monthly advertising as it differs month to month and will be higher when scaling. On average now we spend 1-200 a day but in the past have spent 550 per day. At the moment we are only running minimal adverts as we just dont have the time to concentrate on the site.

Expense item

Cost

Shopify plan

$79.00/month

Subscriptions (ie. Mailchimp, apps)

$75.00/month

Employees (Including contractors and freelancers)

$500.00/month

Domain

$2.00/month

Inventory

The warehouse have agreed that they will let the new buyer take over the contract,if required, rates tbc.

Located in US

Willing to ship inventory

Willing to transfer relationships with suppliers

What’s included in the sale

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

Social Media

Facebook

thelittlepalace

Instagram

Littlepalacestore

Mailing list

13,000 subscribers

Social media followers

20,500 people

Q & A

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

Our brilliant virtual assistant is willing to work for the new owner to ensure a smooth transition with current tasks.
As we have said, this has been valued so much higher by individual companies (double the price almost) and is listed elsewhere for sale for the higher price, but we feel we can sell for less for a faster sale so we can focus on other projects.

Why should someone buy this store?

Because It's a very profitable business already up and running making it really easy for someone who wants a ready to start business!
It just needs more time than we are able to give and expansion. With both of these it can make a LOT more money.
The Facebook pixel data we have in place with some great statistics is like gold dust.
Community of followers.

How can the future owner improve the business?

Currently we are catering only to the US market. We also only have half of our stores niche products and a market is available to expand into that customers have already requested. Further expansion into the email marketing field too will yield even better results too.
We have had this store valued at more so we also know that the new buyer could improve and sell for double the money!

Perform better and scale Facebook ads
New products
email marketing
Expand worldwide
Use different advertising platforms
New Advert testing for existing products that are sellers.

What work have you put into the store?

We have literally built the store from the ground up.

$89,000 USD

Request information

Store images

Exchange Trust

Secure messaging platform

Only use our messaging system to send offer and communicate safely with the seller.

Protect yourself when buying

Exchange's payment flow provides enhanced security and protection when buying and selling stores to help avoid fraud. Here's why.

Ready to become a store owner?

Buying a store on Exchange? Make sure you contact Shopify Support to help you safely transfer ownership.

Contact seller