• Avg. Revenue /month
    $21,987USD
  • Avg. Sessions /month19,130
  • Avg. Profit /month
    $4,000USD
  • Inventory value
    $60,000USD

Description

General description

The Stockplace is a successful women's clothing shop. Our aim is to provide women with beautiful, affordable, practical and quality clothing. Since our inception nearly three years ago we've created a strong brand, organically grown a large social media following, created a professional website, and built a loyal customer base. Our returning customer rate is 35%. We mainly purchase wholesale clothing and shoes, but we have also designed our own products over the last year. With the help of an employee, we hold and ship inventory ourselves to keep costs as low as possible. We work closely with social media influencers to attract and triggers customers. As two stay at home moms, our families are rapidly growing and we no longer have the time necessary to continue to grow this business to its potential.

Why should someone buy this store?

We've built a large and loyal customer base in just three years, using Instagram as our main marketing tool. The potential growth for this store is huge as there are many marketing strategies that haven't even been explored. We also just added International shipping through a third party vendor. At no extra cost, our website automatically coverts currency and calculates shipping costs based on the customer's IP Address. This is such a fabulous tool but we haven't done any international marketing, so there is a huge opportunity for growth in International markets.

How can the future owner improve the business?

The future owner can improve this business by growing its Pinterest and Facebook following. SEO marketing and triggered ads would also be sources of great growth.

What work have you put into the store?

Blood, sweat, tears... really. We are raising 7 children between the two of us and have spent nearly every ounce of spare energy into growing this business.

Time to run this business: approximately 32 hours per week

Traffic and Performance

  • Avg. Revenue /month
    $21,987USD
    Verified
  • Avg. Sessions /month19,130Verified
  • Avg. Profit /month
    $4,000USD
  • Inventory value
    $60,000USD
  • Profit Margin65%
  • Avg. Sales /month542

Other details about profit:March and November are always our biggest months! We do offer free shipping within the US, which incentivizes customers and keeps them coming back. We believe that this is worth the added cost of paying for shipping.

Total revenue
$879,494USD
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
765,231Sessions
Traffic data comes directly from Shopify and cannot be edited by the seller

Expenses

  • Shopify plan
    $79USD
    /month
  • Inventory warehouse
    $1,600USD
    /month
  • Employees
    $1,500USD
    /month
  • Domain
    $1.17USD
    /month

Sale Includes

  • Physical inventory

  • Logo and branding assets

  • Personal support after sale

  • Domain

  • Product photos

  • Suppliers

  • Mailing list
  • Social Media
    Total followers44,000subscribers

Why buy a business on Exchange

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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.

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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.

MK
Megan K.Running this business for over 3 years
We are two stay at home moms, 27 and 28 with seven children between the two of us. We danced competitively for Brigham Young University and graduated in English and Business. After we had our first kids and quit our jobs, we needed something to keep our brains active and personal goals to work toward. The Stockplace started as a hobby but quickly grew into a successful business. Because our families are rapidly growing we no longer have the time necessary to keep this business growing.

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