General descriptionPoshpicks4u is a global online retail front that specializes in women’s fashion. This store is focused on clothing, jewelry and sexy beachwear for the millenials. Tops, dresses and rompers, plus jewelry, purses and accessories. The store has been worked on by an SEO expert, marketing gurus, and a professional developer to make sure that it was as professional and appealing as possible. This is a very lucrative business that anyone with interest in fashion can easily run. We're looking for a serious buyer who can continue to grow the business and keep our brand value. We will be providing 40 hours of training prior to opening the store and support for the first 3 months with procurement, vendor relationship management, marketing execution and PO submissions. Our profit margin is strong (60%) due to high mark-ups (250-300%) allowed by 1. 0 inventory cost. 2. great product quality procured from selective trust-worthy wholesalers 3. efficient operation 4. minimum labor cost (one person can run this business since there is no photo shoot/editing necessary as they are provided by our designers/suppliers, no business meetings or merchandising as procurement is done on online platform. What's best about us is that all of our dropshippers provide ready-to-use product pictures (no photo shoot is necessary) and they supply stocks to us at as low as 1 unit per order (and ships within 7-10 days) We will be handing over all the AliExpress information. AliExpress is an online retail service based in China that is owned by Alibaba. Launched in 2010, it is made up of small businesses in China and elsewhere, such as Singapore, that offer products to international online buyers The new owner will also have direct access to hundreds of Aliexpress designers through an app, which allows easy merchandising, procurement and purchasing. Currently potential sales are USA only. You can always expand that. The owner will never have to go on business trip or have meetings with designers/vendors/suppliers as this can be all achieved by this online platform.
Why should someone buy this store?This store has a lot of potential for someone who can put the time into it. I am certain that with the right owner it can go very far. Work with FB, IG, influencers and start establishing relationships. You will own the logo, and the domain name.
How can the future owner improve the business?Put more time into the store, source more clothing from new suppliers, and reach out to Influencers for marketing.
What work have you put into the store?Hours of work have gone into the making and success of this store to make it marketable. On top of finding and sourcing the right products, creating descriptions and importing all of the items, I also hired professionals to work on the SEO, IG/Adwords marketing, professional descriptions were written as well as hiring a developer to make the store appealing and even more functional.
Time to run this business: approximately 40 hours per week
Rachelle C.Running this business for 7 months
Our features for a secure experience
- Verified revenue and traffic
- Secure messaging platform
- Escrow payment system
- Dedicated migration team