- Avg. revenue /month$913
- Avg. sessions /month801
- Avg. profit /month$700
- Inventory value$40,000
Why this business was started
Business was started back in 2018, We started as a passion project the founder is very passionate about the fashion and saw a niche within the target audience, in delivering high quality garments at an affordable price point. The point of difference was the miticulous attention to detail and ensuring that all materials where hand selected and cut and sewed by an individual. Consumers now love the brand with a very loyal and large return customer base.
The reason of selling this business
Reason for selling the business is the founder is a very motivated and focused entrepreneur with multiple buisneses. He has chosen to part ways with this particular business as he the potential of growth is astronomical and he truely believes it is better in someones else hands who can devote the time and love to the business that he cannot currently offer. It is a regretful sale as the potential is huge but owner has to make a business decision in selling.
What's involved in running this business
We generate traffic by using a combination, email marketing, paid advertising (Facebook + Instagram), organic social media (Facebook + Instagram)
We convert traffic to sales by a combined effort or marketing, regular social posts, branding, good creative in ads on Facebook, good products that the market wants and good site functionality.
We fulfil all orders in house. It takes one person to do all customer service and order fulfilment, but this can be easily changed with scale. We operate a 28 hours policy that a customer will wait no longer than 28hours from ordering before their order is dispatched. All easily done by one person.
Facebook and Instagram Ads are currently managed by Social Media Marketing Agency simply due to the fact that the owner doesn't have the time to run them him self. This can easily be managed by the new owner if they wish they will need regular checking once per day and adjusted accordingly.
Traffic and Performance
- Avg. revenue /month$913Verified
- Avg. sessions /month801Verified
- Avg. profit /month$700
- Inventory value$40,000
- Profit Margin45%
- Avg. sales /month80
- Shopify plan
- Inventory warehouse
- Facebook + Instagram
Logo and branding assetsAll artworks, graphics, documents, Photoshoots, product imagery will be transfered via dropbox or physical USB Device on an agreed day.
Personal support after saleI am willing to personally provide 3 months after sale support from the date of purchase. I can provide a run through of day-day operations, Stock enquiries, marketing methods and branding insights. I am the main decision maker in the business and will be able to answer all questions regarding the current operation and set ups of the business. We are very flexible in providing help. methods of contact via phone calls, Zoom meetings, emails or preferred method by purchaser are all avalable at any time needed.
Product photosAll social assets will be transfered via DropBox or a physical USB Device.
SuppliersWe are more than happy to introduce you to our current suppliers.
How to grow this business
Right management and drive to succeed this business has the potential to grow quite large. Marketing methods we have used and have been very successful for us has been paid Facebook and Instagram adds, they are critical in any online business to generate leads and exposure to many people. Allowing a larger budget to Advertising and marketing can really assist this business and highly improve the monthly revenue. Another form of growth we recommend is keeping up Micro Influencer promotions, this method is great in creating relationships and building trust in consumers. It is a great method to generate revenue and comes at very little cost to the business. Our current Email Database is around 2k, by implementing ways and pushing email marketing will benefit the business immensely and within a short period of time you can have a large database. Email database equates for quite a large number of organic sales.
Skills to have
Any business requires curtain skills and skillsets. In order to run our particular business we recommend you have the follow skill sets in order to be successful and able to handle the business with confidence. Admin Skills: Having a clear understanding on general administrative skills is required. These skills will include raising sales receipts, paying bills, placing stock orders. Templates are already set up for stock which we can transfer to the new purchaser to help them. Shopify: As our platform is Shopify is is critical that you have some knowledge in navigating Shopify, it is a very easy and transparent platform with help easily accessable. Marketing: If you are wanting ti run your own marking campaigns via Facebook and instagram or your desired platform, we highly recommend you have an understanding how to set up and scale add sets and campaigns. Alternatively you can opt the use external marketing agencies in order to run and create campaign. They are experts in the field and ensure that your money is well spend and capitalising on each dollar.
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.