- Avg. revenue /month$19,942
- Avg. sessions /month13,969
- Avg. profit /month$3,644
- Inventory value$1,000
Why this business was started
I started this business as a passion project three years ago with the aim of it subsidising part of my living expenses. The brand quickly grew way beyond a passion project - becoming a multi national in just 8 months and breaking 1 million dollars in sales across all of our stores (AU, USA and UK) in just 18 months (the profit report included in the images of this listing is from our Australian store and does not include our US or UK revenues).
The reason of selling this business
Classy Duds has been my baby for a little over three years now, giving and teaching me so so much! It launched me into a new career path and gave me the lessons and insights on what it takes to run your own business. As my other professional commitments take more and more of my time, I have decided that it's time for the business to be nurtured and grown under the guidance of someone new.
What's involved in running this business
On a day to day / week to week basis, Classy Duds is a very easy business to run. It consists mainly of monitoring our Facebook ads and spends, researching and creating new designs and posting on Instagram. Everything else is either automated or outsourced.
Traffic and Performance
- Avg. revenue /month$19,942Verified
- Avg. sessions /month13,969Verified
- Avg. profit /month$3,644
- Inventory value$1,000
- Profit Margin20%
- Avg. sales /month439
- Shopify plan
- Inventory warehouse
- Email marketing, paid Shopify apps
Logo and branding assetsAll logo and branding images, illustrator & photoshop files, video content delivered via dropbox.
Personal support after saleI will provide support for the business for 10 hours a week, Monday to Friday, for two months after the sale. I will also be more than happy to screen record any work that I do in this time so that it is easily referenced in the future.
Product photosAll product photos delivered via dropbox.
SuppliersAll supplier relationships will be transferred with the sale. You will receive an introduction to each via email upon purchase.
How to grow this business
Release four new designs on T-Shirts and Sweatshirts per month, making sure that two of each four have global appeal (we have a large Australian following and a lot of our designs aren't as relevant in other markets, but the ones that are have a lot of success)
Start an online wholesale portal and begin approaching retailers.
Add to the store: custom apparel (eg. long sleeve button up shirts, perfect for festivals, with our exisiting best selling designs patterned across them), board shorts, womens swimwear, tank tops, womens cut tees, tall tees, socks, sunglasses, expand the necklace range, expand the ring range, expand the earring range.
Start advertising on Google.
Start advertising on Snapchat.
Skills to have
An understanding of Facebook Ads, Adobe Illustrator & Photoshop will help, but is not necessary as these can be outsourced. I will also provide how to / example videos of how we set up our ads in Facebook and provide links to reputable sites in which to outsource designs affordably.
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.