- Avg. revenue /month$69,867
- Avg. sessions /month74,559
- Avg. profit /month$30,000
Why this business was started
I've been working on Shopify stores for 5+ years now and in that time I've built stores in every niche, but one that I find myself coming back to is the beauty space.
People buy in this space, and one day the idea came upon me to start a general niche style store based around lashes since I had already done well over 6 figures in the beauty space with my past stores.
I acted quickly that day and next thing I knew, Next Lashes was doing 2k days, then 3, then 5, then 10 and so on..
The reason of selling this business
Simply put, I'm too busy.
Next Lashes saw its initial decline when I took on some new high level clients that I couldn't pass up on. But that didn't mean it wasn't working anymore, I just couldn't give it the attention it needs.
I'm working on new projects now and don't have the time to give Next Lashes the attention it needs. I see a ton of potential for this store as it had a MASSIVE run last year around this time and I'm thinking if someone takes it over soon the same exact thing could happen but even bigger if they approach it in the way that I'm advising.
When I think about the fact that this brand has 50k+ emails I feel silly for not investing my time/energy into it, but I really just can't at this point. I'm working with pretty big companies now and this just isn't aligned with my long term goals anymore to run this brand.
That being said though - this is an INCREDIBLE platform that I don't want to see go to waste. I feel the best thing for me to do would be to have someone take it over who can run it how it should be and thus reap the benefits of the brand.
What's involved in running this business
An overview of the tasks involved are as follows:
- Order Fulfillment
- Messaging Suppliers
- PPC Advertising (if you want)
- Development of Strategy
- Managing Employees
Traffic and Performance
- Avg. revenue /month$69,867Verified
- Avg. sessions /month74,559Verified
- Avg. profit /month$30,000
- Profit Margin25%
- Avg. sales /month2,680
- Shopify plan
- Shopify Apps
- Facebook, Instagram and Google Ads
Physical inventoryNot Included
Logo and branding assetsBuyers choice. We can transfer however suits you best.
Personal support after saleAfter the purchase I'll personally be providing four 1 hour long consulting calls (4 hrs total) where we'll strategize to develop actionable KPIs to get the store back up to speed, but also KPIs for the future and how to continue to grow it moving forward.
Product photosBuyers choice. We can transfer however suits you best.
How to grow this business
How would you grow it?: 1. PPC Advertising 2. Great Email Marketing Systems 3. Influencers 4. Better Branding 5. Retail
Skills to have
Basic marketing skills would be excellent of course but thats the beauty in taking over a proven store, you don't need to know as much as you would if you tried to build out everything on your own.
I'll be providing 4, one hour long each consulting calls after the purchase to help make sure the new owner is equipped with whatever they need to run the brand moving forward.
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.