The fashion e-commerce business discussed recently faced closure due to the challenging conditions of the pandemic. The current management, unable to effectively manage the business since taking over in 2019, is offering for sale both the online platform and the remaining inventory. The website is ready for operations and is built on the Shopify platform. There is inventory valued at over $25,000, consisting of more than 5,000 brand-new units, stored at a warehouse in Santa Clara, California.
The business primarily generates revenue through online sales. The decision to sell stems from the current owners’ inability to effectively manage the business under the ongoing COVID-19 pandemic conditions. It presents an attractive opportunity particularly for individuals or entities looking to foray into or expand their presence in the online jewelry and fashion marketplace, or for operators of drop-ship stores.
The deal includes various valuable assets such as brand assets, custom technology, domain names, available inventory, and social media accounts. The business’s Facebook page boasts a following of 6,500 users. Moreover, post-sale support will be provided to the new owners, ensuring a smoother transition and continuity in business operations. The offer presents a lucrative proposition with substantial assets and a significant inventory for potential buyers looking to leverage an established e-commerce platform in the fashion industry.
Flippa’s platform is free for buyers. Here are our tips for first-time buyers:
Before making an offer
1. Look for verified sellers. Sellers should verify their email, phone, and government ID. When a seller has completed all verifications, we identify them with a checkmark like this:
2. Review financials. Financials are seller-provided inputs. Always ask for verified financials. Ask for a tax return or request access to their dashboard. if it’s an ecommerce store get a transaction report.
3. Review traffic. Sellers can grant you access to Google Analytics. Ask for read-only access to verify site traffic.
4. Schedule a call. Communication is key. The best way to find out more is to speak directly with the seller. For your protection, keep all communication within Flippa.
5. Make the offer on Flippa. We’re here to help. Flippa does not charge buyers and by making an offer on Flippa you’ll get access to our post-sales support team.
1. Agreements & Contracts.
Connect with a US-based lawyer or purchase asset-specific template legal documents via Flippa Legal.
2. Conduct Due Diligence.
You can conduct this yourself or use our trusted network of industry-leading due diligence partners. They can provide in-depth analysis, identify hidden risks, and independently assess the value of the business. Learn More