- Avg. revenue /month$1,248
- Avg. sessions /month1,673
- Avg. profit /month$1,125
Why this business was started
This business was created to bring affordable prices to the men's streetwear industry. The Hypebeast culture is a booming industry with plenty of young men desperate to keep up-to-date with the latest streetwear trends they see their favourite athletes, rappers, icons wearing. Although a huge industry, very little value-for-money is available. Most designer brands sell jeans for £1000+, t-shirts for 3-figures and socks for £80. Crazy demand plus crazy prices leads to a huge gap in between for exploitation and profit.
The reason of selling this business
This business is being sold due to our founder (myself) moving on to something else which takes up too much of my time. I would love to continue this venture longer, however I must move on. This is a superb opportunity for anyone looking to get into the men's streetwear industry to take a ready-made, turn-key and already very profitable brand instead of starting from 0.
BUYING CUSTOMERS WAITING
CLOTHING DESIGNS INCLUDED
This business led to me having the funds to leave my 9-5, and pursue my passion of creating online businesses whilst travelling.
What's involved in running this business
Conversing with Asian suppliers & manufacturers via e-mail / WeChat (e-mail predominantly) . Developing new designs often. Keeping updated with latest streetwear & hype trends. Creating quality content for the 20,000 engaged Instagram / Facebook followers. Managing customer support queries. Dispatching orders yourself or opting to use a fulfilment centre.
Traffic and Performance
- Avg. revenue /month$1,248Verified
- Avg. sessions /month1,673Verified
- Avg. profit /month$1,125
- Profit Margin60%
- Avg. sales /month104
- Shopify plan
Physical inventoryNot Included
Logo and branding assetsAll information needed to continue to run this thriving business effectively will be transferred Via Social Media and E-mail (everything transferred in the easiest way possible for the buyer)
Personal support after salePersonal help will be for a period of 5 days. This is to make sure you understand things and to ease you into the business and (if needed) give you advice, so you are doing the best you possibly can by day 5.
Product photosAll information needed to continue to run this thriving business effectively will be transferred Via Social Media and E-mail (everything transferred in the easiest way possible for the buyer)
How to grow this business
Higher product turnover. More designs. Designs should mimmick more expensive brands, just offered at a much cheaper pricepoint - hereby you know the demand is there, you're just enhancing the demand as pricepoint is more accessible to target demographic.
Also keep up with social trends and continue to be communicating with the followers / GRWTH community.
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.