- Avg. revenue /month$2,073
- Avg. sessions /month3,202
- Avg. profit /month$684
- Inventory value$50,000
Why this business was started
The business was started to help create a space in the market for environmentally friendly garments that not only look good but were comfortable & good for the planet. These materials are made from recycled plastic bottles "Repreve" & are great quality and long lasting. We wanted to not only look after the environment but look after the customer with timeless pieces that can be worn year after year, not to mention a space with incredible customer support as you can see by our 5 star reviews.
The reason of selling this business
Unfortunately with a few other ventures in the works we've had to make the decision to put the brand into the hands of someone who can dedicate the time to building a team & who is truly interested in scaling a sustainable, luxury business! It is sad to see it go however with the right buyer there is huge international potential. We own the trademarks for the brand in both Australia and The USA which will be sold with the business.
What's involved in running this business
The business requires a consistent digital presence. Product design and development, asset creation (photography and graphic design), general ecommerce site management, order fulfilment, customer service and digital/email marketing management. Influencer outreach & shipping orders from The Iconic marketplace store, and opting in to Iconic sales.
Traffic and Performance
- Avg. revenue /month$2,073Verified
- Avg. sessions /month3,202Verified
- Avg. profit /month$684
- Inventory value$50,000
- Profit Margin32%
- Avg. sales /month416
- Shopify plan
- Inventory warehouse
- Facebook/ instagram
- Google Shopping, Sociable, Product Colours, Product Filters - Shopify App
Logo and branding assetsSecure dropbox link. All brand photography and digital assets. This includes Pantone colours, swimwear styles & brand guidelines.
Personal support after saleOur brand manager would be interested in working for the new owners as an option to explore if it suits the buyer. Otherwise 1-3 months of personal support can be offered via phone, zoom, email etc.
Product photosDropbox secure link - with hundreds of incredible campaign shoots from all over the world. Along side ghost mannequin images, studio images & images provided via collaborations.
SuppliersOur swimwear and resort wear suppliers are certified & approved. They hold all social certifications inside their factories. The certifications ensures ethical and fair compliance regarding child labour, forced or compulsory labour, health and safety, freedom of association and right to collective bargaining, discrimination, disciplinary practices, working hours, remuneration and management systems.
How to grow this business
We have identified an untapped market: well-made, luxury, swimwear that is sustainably made, reasonably priced & ethically sourced. This label is now ready to scale! The foundation we've built is strong and our customers are loyal. Scaling the brand to an international market would be a great way to further grow the brand, this could be done via social media and FB ad marketing, influencers and wholesale accounts. We have potential marketplaces reaching out to us often to join them. By increasing the digital ad spend, introducing a loyalty program and an affiliate program would drive sales over the coming years. We'd also suggest expanding the inventory assortment to capitalise on the trusted brand name and drive business.
Skills to have
A love for the sustainable movement, a conscious, forward thinker. The ideal buyer would someone with existing knowledge of the fashion space, or, an existing apparel organisation looking to layer a sustainable, inclusive brand into its portfolio. Scaling could be easily reached by capitalising on the infrastructure of an existing e-com platform. The business will need someone with a design and product development background to oversee garment production, or we can provide this for you. A sustainability-driven director with great design skills will help maintain the brand’s aesthetic and integrity. It will also require an ecommerce guru to manage creation/content (photography), shipping/logistics, marketing efforts including email, digital marketing and social media.
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.