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SELLER GUIDE
2 Comments
678
Views
15 Watchers
Watch
Another Ecommerce Store Business
SOLD
Sale Assisted By: Alex Cardenas Broker Onboarding Manager, Europe
Seller Location
United Kingdom
Buyer Location
United States
Looking to sell a similar business? Or, Browse Similar Businesses
Want to see more like this? I’ve found similar off-market businesses. Let’s take a look.
ECOMMERCE STORE
Currency:
Ecommerce Store | Design and Style
Verified Listing
Sunglasses company in the top 15% of Shopify stores with a 3.11% mobile conversion rate. $50,809.99 revenue and $37,848.19 profit in 5 months from 1,290 orders.
Business Location
Site Age
5 years
Monthly Profit
USD $4,536 /mo
Profit Margin
49%
Profit Multiple
0.9x
Revenue Multiple
0.5x
About the Business

An eyewear business was initiated to provide a flexible and stress-free work-from-home opportunity. After engaging with multiple manufacturers and conducting product testing, the company achieved a product quality that has impressed customers, evidenced by issuing only three refunds out of thousands of sunglasses sold. The owner is now selling the business due to a new partnership with a major UK brand. The sale includes relevant domains, website, customer base, branding, email addresses, and marketing materials. The operational side of the business is minimal, requiring only about an hour daily to manage social media comments and orders. However, the owner suggests using additional time for growth activities such as expanding social media presence and researching new products. Financially, the business demonstrated profitability, with sales figures from March to July 2021 showing a gross profit of over £29,000. The business, ranked in the top 15% for conversion rates on Shopify, has a strong relationship with manufacturers, allowing for cost-effective branding opportunities. Expansion into international markets and additional advertising channels like TikTok and Google could significantly increase revenues. Future growth plans included diversifying the product range, enhancing Google presence, and leveraging social media influencers for marketing. The business primarily operates in the UK, with potential for expansion into Europe and the United States. Required skills for the new owner include a basic understanding of Facebook marketing and customer service, though guidance will be provided during the handover.
Data Verified Listing
This business has connected the following data integrations:
  1. Shopify

About the seller
Michael Webber
Ultralight Lads
United Kingdom
Verification Complete
Email address
Phone number
Government ID

4 transactions totalling USD $48,500

Payment Methods
Escrow.com
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2 Comments
678
Views
15 Watchers

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