• Avg. Revenue /month
    $37,934USD
  • Avg. Sessions /month37,160
  • Avg. Profit /month
    $10,500USD

Description

General description

Lids Loft was started in August, 2017. With over 25,000 sales, Lids Loft has generated over $599,000 worth of sells in fashion and apparel. Lids Loft has become a staple in the hats and caps worldwide market. Advertising is done strictly through Facebook and Instagram.

Lids Loft has a healthy social media presence with over 27,000 follows on Facebook and over 14,500 follows on Instagram. Lids Loft has an email list of over 20,000 subscribers that are amazing for back-end sales.

The majority of sales have come from Facebook and Instagram advertisements along with many organic traffic sales. Email marketing has proven to be extremely effective with generating sales.

Lids Loft is a drop shipping store. The majority of Lids Loft products include hats, caps, and beanies.

Lids Loft has been evaluated at $217,880. We are selling it at a very low price of $45,500. We are selling Lids Loft in order to focus on other business ventures and to use the capital to invest in the other ventures.

Please, serious inquires only. This is an amazing opportunity for anyone who wants to have a successful drop shipping store.

Why should someone buy this store?

This is an incredibly successful drop shipping store. The reputation is very good and there are many returning customers as well as word-of-mouth sales. If ads were ceased, the store would still generate many sales.

How can the future owner improve the business?

Focus has been on Facebook ads. The future owner could increase the revenue even more by adding focus to Google Adsense, email marketing, and influencer marketing.

What work have you put into the store?

The store owner put 4-10 hours worth of work per day on the store for the first 3 months. Once the 2 VA's were hired, the workload is around 2-3 hours per day.

Traffic and Performance

  • Avg. Revenue /month
    $37,934USD
    Verified
  • Avg. Sessions /month37,160Verified
  • Avg. Profit /month
    $10,500USD
  • Profit Margin18%
  • Avg. Sales /month2,750

Other details about profit:Profit margin has fluctuated depending on the season from 18%-29%.

Total revenue
$606,944USD
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
594,573Sessions
Traffic data comes directly from Shopify and cannot be edited by the seller

Expenses

  • Shopify plan
    $30USD
    /month
  • Employees
    $750USD
    /month
  • Domain
    $1.25USD
    /month

Sale Includes

  • Physical inventory

    Not Included

  • Logo and branding assets

  • Personal support after sale

    Not Included

  • Domain

  • Product photos

  • Suppliers

    Not Included

  • Mailing list
  • Social Media
    Total followers36,500subscribers

Why buy a business on Exchange

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.

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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.