All prices in USD
$7,270
  • Avg. revenue /month
    $50
  • Avg. sessions /month1,342
  • Avg. profit /month
    $51
  • Inventory value
    $7,000

Business Story

Why this business was started

To provide a marketplace for different businesses to sell their clearance stock and get exposure.

The reason of selling this business

Retirement and family crisis is the main reason. My personal life dynamic has changed in 2020.

What's involved in running this business

Marketing, running ad campaigns and reaching out to stores to have their overstock listed on this website.

This business was founded: almost 4 years ago
Time to run this business: approximately 25 hours per week

Description

General description

Welcome! We are a small business called Stores Basement that is dedicated to serving our customers with products at a low cost in a sell-able manner. We do our best to sell the highest quality with the most unique designs ranging from bedspreads, comforters, quilts, throw blankets, bed sheets, woven cushion covers, table cloth decor, tapestries, and rugs. We make sure to bring high attention to detail within our products so that our customers are satisfied in the product they receive just as shown online. Product prices have been reduced due to the condition that the product has gone through whether it being an older design to a brand new design with manufacturer defects or in used conditions. Unless states, all products are in brand new conditions otherwise described as used or refurbished.

Why should someone buy this store?

It's a great opportunity if you are dedicated. It does not involve custom hassles, does not involve a lot of staff nor inventory and storage fees and space. Can be ran from your home.

How can the future owner improve the business?

Broaden the reach by listing in multiple and more well know marketplaces to spread the brand.

What work have you put into the store?

Reaching out to retailers and stablishing connections.

Traffic and Performance

  • Avg. revenue /month
    $50
    Verified
  • Avg. sessions /month1,342Verified
  • Avg. profit /month
    $51
  • Inventory value
    $7,000
  • Profit Margin40%
  • Avg. sales /month2
Other details about profit: I do reach out to Motels and small shops around and sell directly to them.
Total revenue
  • $2,416
    • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 64,433Visits
    • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Inventory warehouse
      $0
      /month
    • Domain
      $12
      /year

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      I can email the logo.

    • Personal support after sale

      I'll be around train you on how to navigate shopify and apps related and can help providing contact information of current brands we resell on this store.

    • Domain

    • Product photos

      Not Included

    • Social media

      Not Included

    • Suppliers

    • Mailing List

      171subscribers

    Seller‘s Advice

    How to grow this business

    List in multiple marketplaces and leverage market outreach through those more popular marketplaces to promote the brand.

    Skills to have

    Omnichannel selling

    Share

    MM
    Mehraban M.Current store owner
    A reseller, bedding and home decor enthusiast.

    Tags

    Similar Businesses

    Sold businesses

    Our features for a secure experience

    Exchange Trust

    • Verified revenue and traffic
    • Secure messaging platform
    • Escrow payment system
    • Dedicated migration team
    Learn more

    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.