3 year old profitable fashion brand with lifetime revenue of $320,000++ that specializes on selling vegan, cruelty-free handbags to support sustainable causes.
This business, operating on a dropshipping model, has achieved a lifetime revenue exceeding $326,000 and has gained exposure through notable publications such as Harper's Bazaar. It targets a niche market of eco-conscious female consumers who are inclined to spend $50 or more on handbags. The product offerings are carefully curated, ranging from $40 to $84, and cater to individuals who are vegan or animal lovers. As the global trend toward environmental consciousness grows, this market is expected to expand significantly, with studies indicating that one-third of consumers globally are eco-conscious. The business holds potential for forming distribution partnerships with eco-conscious consignment stores.
Operations are minimally demanding, requiring only 2-4 hours of management per week, thanks to a hired virtual assistant who handles customer inquiries and order fulfillment. Revenue is primarily generated through online sales driven by social media marketing via Facebook and Instagram, supported by two major suppliers. The customer base is primarily from Tier 1 countries, including the USA, Australia, Canada, New Zealand, and Switzerland, with a loyal customer rate of 2.33%. The business enjoys a 22% average monthly profit margin.
The current owner offers 30 days of support post-transfer, providing guidance on Facebook ad campaigns, customer email templates, and access to their virtual assistant for operational queries. Additional assets include product and model photos, LLC documents, and supplier introductions for sustainable handbag materials. The business is being sold to fund a house downpayment following the owner’s recent marriage. Communication will continue via Zoom or email during the transition period.
Hi I'm Jessica! I discovered Shopify dropshipping way back 2016. I sold my first store ...
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1 transaction totalling USD $15,000
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