- Avg. revenue /month$369
- Avg. sessions /month631
- Avg. profit /month$400
Why this business was started
Originally, the company began as a hobby based project for me and my business partner. As we are attempting to move into the workforce for college, we wanted to show we were capable of the real world experience which comes with owning and operating our own business. We chose an outdoor themed clothing company due to our passions for the outdoors and extensive travel portfolios, which we used to help gather new ideas and themes for the business.
The reason of selling this business
As mentioned before, we have simply outgrown what we are capable of handling for just our small team. We felt it would be best for us to step away from the business before it was to large for us to handle fully. Along with this, we felt it was time we moved on into careers which we had aspired to take for so long. This company has done exactly what we had hoped, and then some and we feel it is the right time for someone else to take over.
What's involved in running this business
Day to day activities include but are not limited to: fulfilling orders, ordering from suppliers, communication with shipping departments and print shops, speaking to wholesalers, attending trade shows, operating social media presence, and non-profit organization. It is important to note as well that two college seniors were able to handle all of these daily tasks, so though it may seem as if it is extensive, it is certainly not unbearable.
Traffic and Performance
- Avg. revenue /month$369Verified
- Avg. sessions /month631Verified
- Avg. profit /month$400
- Profit Margin60%
- Avg. sales /month19
- Shopify plan
- Paid Apps
- Average Shipping
Physical inventoryNot Included
Logo and branding assetsAll main logo's will be transferred via Google Drive or other file sharing service.
Personal support after saleWe will provide (if requested) personal support for the first three months after the sale. This includes any questions you may have or simple inquiries into the general business operations such as supplier relations and wholesale accounts. We can complete this support via phone call, text, or email.
Product photosNo product photo will be provided as there will be no inventory provided. This being said we will provide some stock photos and lifestyle images which can be used to help build further social media presence and for archive use.
SuppliersWe have gained great relations with both our wholesale suppliers as well as various print shops. We would be happy to share our knowledge of these companies with you if you so choose to continue to use them.
How to grow this business
The hope for this business would be to expand first into small, local shops, potentially on a consignment style service (we previously approached this idea and were successful in a small test environment) or a full wholesale style service. This being said, the goal would be to also limit shops to those who we feel share the passion for the company, and also to keep the branding "limited" enough to not take away from our online sales channels.
Skills to have
We found that minor understanding in basic social media marketing techniques can be a huge help to future owners, although it is not necessary due to an expansive following already amassed.
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.