- Avg. revenue /month$92
- Avg. sessions /month390
- Avg. profit /month$126
- Inventory value$1,500
Why this business was started
When I was in college, my friends and I never had a good place to buy swimwear from. Everything was either $10 and fell apart at the first wear, or $200 from a “luxury Austrialian label brand” that no college girl had the money for. So I spent an entire week doing a keep dive into these “luxury Austrialian label brands,” found out where they buy their products from, and now use the same manufactures and sell it for $50 instead of $200. I guess a lot of people had the same thoughts as I did, becuase from there it blew up like crazy.
The reason of selling this business
This past April, I took up a pretty demanding career that requires me to work about 60 hours per week. I just don’t have the time anymore that Pirillo requires to keep growing, and my biggest fear is to see it fail just for that reason. So I’ve made the tough decision to let someone else take it over. Although this is not something I want to hand off and walk away. I really want to stay involved, help out and make this something great.
What's involved in running this business
The basics: ordering wholesale of the new collection you want, taking pictures, uploading new products, and shipping out orders as they come in. The details: Running the instagram, facebook, and pinterest. Booking models to have photoshoots to showcase the new products, editing photos, getting into pop-up shops, creating merch, and constantly coming up with new plans to keep the competitive edge.
Traffic and Performance
- Avg. revenue /month$92Verified
- Avg. sessions /month390Verified
- Avg. profit /month$126
- Inventory value$1,500
- Profit Margin80%
- Avg. sales /month15
- Shopify plan
- Inventory warehouse
- Retail space rental
- Domain name
Logo and branding assetsEmail: logos and anywhere the logo was used.
Personal support after saleTeach the new owner all the ins-and-outs to this business and the industry. I will provide support for however long the new owner needs it - around 10 hours/week for the first 3 months, and then maybe down to 1-2 hours for the next 6 months after.
Product photosEmail and through google drive. All images I have: logos used in images, instgram photos, photos people have sent me with permission to use, and photos from the photoshoots.
How to grow this business
Now that it has been just over a year and doing really well for it’s age, this is the point where I would take the risk to pour a lot more capital into the business. I would then use that to buy larger quantities of inventory, rent out pop-up shops, and invest in advertising to really see that jump in growth.
Skills to have
Knowing about the retail industry, how to edit photos, and how to use shopify really well are all things that would help a new owner acquire the business, but certainly are not things that are absolutely necessary to run it. Also I want to teach the new owner how to do all these things and more.
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.