All prices in USD
  • Avg. revenue /month
    $1,628
  • Avg. sessions /month2,064
  • Avg. profit /month
    $912
  • Inventory value
    $52,000

Business Story

Why this business was started

We actually purchased this business from someone, because we really thought we would be able to expand it. We knew it would be a lot of hard work, but due to some personal circumstances we are unable to give it the time that it needs. It truly does fill a gap in the market of beautiful modern shoes.

The reason of selling this business

We do not have the the time necessary to help it expand and grow. We love this company and have so many high hopes for it, but we do not believe we are the people to do it at this time.

What's involved in running this business

Marketing is fundamental to the success of this business, including posting on all social media accounts to hit our targeted demographic and managing collaborations and partnerships. Targeting certain social media partnerships allows us to hit a very narrow demographic to turn marketing efforts into actual dollars, as well as staying relevant in the minds of those who have already bought from Deer Grace because we're constantly on their social feeds. Daily operations also include order fulfillment, from packaging to shipping, as well as creative tasks like new product designs.

This business was founded: over 3 years ago
Time to run this business: approximately 15 hours per week

Traffic and Performance

  • Avg. revenue /month
    $1,628
    Verified
  • Avg. sessions /month2,064Verified
  • Avg. profit /month
    $912
  • Inventory value
    $52,000
  • Profit Margin36%
  • Avg. sales /month20
Other details about profit: We really saw a huge pickup the past 3 months once we had some good routines going, and we have had a huge drop due to the economy right now, but are highly confident it will pick back up when things return to normal.
Total revenue
  • $71,614
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 90,833Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $80
      /month
    • Inventory warehouse
      $100
      /month
    • Domain
      $80
      /year
    • Omnisend- email marketing
      $30
      /month
    • Planoly
      $20
      /month
    • Rental for storage unit/loan payment
      $750
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      Google Drive. The day we close we will transfer everything.
    • Personal support after sale

      For 3 months we are happy to help with the transfer of the company and be sure you have the information to run the company. We are happy do a few Zoom or phone calls for that.
    • Domain

    • Product photos

      Google Drive. The day we close we will transfer everything.
    • Social media

      Total followers16,987subscribers
    • Suppliers

      We have some spring inventory designed you will also get.
    • Mailing List

      4,617subscribers

    Seller‘s Advice

    How to grow this business

    Over the next five years we would have limited edition lines for each season. We had initially planned to do a spring launch but were unable to get everything together to do that, but we do have samples we are happy to provide. We also would add lots of new products to our shop if we were keeping it. We think this company could be expanded on and really flourish.

    Skills to have

    Skills required include a strong marketing background, including knowledge of social media marketing and influencer collaborations, to drive sales toward a demographic that relies heavily on social media. Obviously, a business background is necessary to ensure the business is well-operated and profitable. One strong skill to have, but is not entirely necessary, is an eye for design and aesthetic as you will want to adapt to each season's fashion to remain relevant and forward-thinking.

    Share

    EL
    Emmy L.Current store owner
    Deer Grace is owned by two moms who have a love for modern and class style. We purchased this company in hopes of growing it and expanding the lines that we sold. We have 7 children between the two of us, and have found we are not able to give this company the attention it needs and deserves.

    Tags

    Similar Businesses

    Sold businesses

    Our features for a secure experience

    Exchange Trust

    • Verified revenue and traffic
    • Secure messaging platform
    • Escrow payment system
    • Dedicated migration team
    Learn more

    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.