An eCommerce business, primarily operated on Shopify and focused on women's fashion, offers a significant opportunity for growth in the US and international markets. The business is centered around high-margin, custom-manufactured apparel, recording a current net profit of 23% with an average monthly turnover of $180k. However, there is potential to scale this to $500k-$1m per month with a slight expansion of the team. Operations largely involve a few main SKUs, with the potential to expand to 10-15 core revenue generators. The business maintains stable year-round profitability with a natural increase during Q4.
Fulfillment is fully automated using a reliable supplier's app, and returns—a common issue in fashion—are efficiently managed with no cost to the business for damages or wrong sizes. The business requires minimal daily management time, primarily needing just 30 minutes.
Financial statistics include a net profit margin of 20-25%, gross profits per product ranging from 66-80%, and a customer return rate of 6%. The average order value has recently increased from $115 to $155 due to pricing strategy modifications. The customer base numbers 12,500, with email marketing generating $130k in revenue through Klaviyo, and potential for growth via SMS campaigns.
Expenses include performance-based email team fees, ad account fees, store maintenance costs of $2,000 monthly, and team costs of $1k for customer service agents. Growth opportunities include expanding Instagram and organic social media presence, enhancing Google search and SEO, adding more SKUs, initiating SMS campaigns, increasing ad spend, and providing live chat and phone support. Up to three months of support in areas like ads and creative direction will be provided to assist the new owner in scaling the business.
eCommerce entrepreneur - 9 Years Experience - https://www.linkedin.com/in/joshlima/
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2 transactions totalling USD $2,445,000
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Escrow.com
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