Crowdfunding emerged prominently in 2008 and 2009, receiving attention in notable publications, and a particular company was well-positioned to capitalize on this momentum. This method allowed the business to produce t-shirts with minimal risk by securing pre-funding from customers. The approach efficiently identified market demand, as the community's investment decisions provided a direct indicator of which designs to print. After 2.5 years in the fashion industry, the company owners decided to pivot due to securing full-time jobs, which limited their ability to promote and manage the business. Despite these changes, they maintained a stock of 300 t-shirts with over 35 different designs.
The business presented a promising opportunity for anyone interested in entering the fashion industry, thanks to its low operational costs and established credibility. It had a Google Page Rank of 4 and was supported by 15,000 Yahoo inbound links and 757 Twitter followers. Financial data from 2009 reflected variable monthly income and expenses, with a cumulative total income of $27,457 and expenses of $27,421. The company successfully sold t-shirts with a profit margin of approximately $9 per shirt, achieving sales figures of 113 tees in 2008, 615 in 2009, and 386 in 2010 without active marketing. The business also offered detailed traffic analytics through Google Analytics, ensuring prospective buyers had access to thorough data insights if needed.
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