Why this business was started
This store was created together with another store during the studies. The first store did more than 90k so I focused more on what I did on this one that still made sales.
This is a general store. We have a winning product on it. You just run ads then you can make a profit. It is so easier to earn passive income. This store is 80% automated. You will just need to use the built in app to fulfill the orders which takes less than 2 minutes to complete. Responding to customer requests only takes 5-10 minutes per day but could easily be outsourced. Working with a Dedicated supplier which allows better margins and super fast processing times, which speeds up shipping for 80% of our best selling items. This website was valued $2.000 at Shopify. I do not have time to handle this website anymore. Hope the buyer can enjoy a new journey.
The reason of selling this business
For 2 principal reasons: 1) I have another store that it can earn 6 figures in the month. I cannot handle two stores at the same time. Hope this shop can bring you to next stage. 2) Due to being a part time student / part time Facebook advertiser and rest of the time dedicated to my other store it is tough to always find the time to work on it. I am now looking to sell it and keep the LaFemmeBazar name going. The buyer would have a steady customer base and a name that has already been pretty well publicized.
What's involved in running this business
I would definitely recommend continuing testing product + run ads. THIS IS ALL.
But there are othere tasks needed (You can outsource that) like:
- Change ad creatives from time to time
- Fulfill products by Oberlo
- Reply customer's email
- Shopify plan
Physical inventoryNot available for starter stores
Logo and branding assetsMost buyers are looking for a complete business with assets like a logo, social accounts, and personal support after the sale. Adding these assets to the listing will allow you to sell for a higher price. You’ll be responsible for transferring ownership of these assets to the buyer.
Personal support after saleI will personally provide support for two weeks. In case I have any problems I personally follow the customer one of my Virtual Assistant (the most qualified will follow you in your path.) I remember that with the purchase I will also send .pdf and videos on how to run the business.
Product photosFor Two weeks i provide Support on Skype Chat or via Email.
SuppliersNot available for starter stores
Mailing ListNot Included
How to grow this business
This store has great potential at the "brand level". Currently it is a dropshipping store but if the future owner will work well, he could implement the business by inserting a stock of goods. In the next 5 years [SOTRENAME] could become one of the most popular ecommerce for [NICHE]
Skills to have
"Good Look" to choice of products. The products are very important for the success of the business.
Marketing Skills. General marketing skills is enough not advanced skills needed.
Traffic Skills. They need to know how paid advertising works and how organic traffic works.
Whereas, with the purchase I will send files where you can learn the skills mentioned above.
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.