The sale of this eCommerce storefront encompasses all business assets, including sites, domain names, technologies, supplier accounts, social media accounts, hosting, and SSL certificate. Social media accounts forming part of the sale include Instagram with over 6,000 followers, a recently created Facebook account, and a Mail Chimp account with 400+ subscribers. The business operates on a dropshipping model, selling unique sneaker-themed masks. Minimal operational expenses include product, shipping, and marketing costs. The seller, not the original owner, acquired the storefront in January 2018 and is now selling due to other commitments.
The storefront receives over 70% of its traffic from the US, with additional visitors from Canada, the UK, and Italy, primarily driven by social media and organic search due to it being ranked on the first page of Google for targeted keywords. Marketing initiatives have included paid Instagram shoutouts averaging $40 per post.
Potential growth strategies for a buyer include expanding current marketing efforts, capitalizing on a newly secured wholesale deal offering at least $650 in monthly revenue, and introducing more styles as new designs become available. Post-sale, the seller offers two weeks of email support and is open to transferring the business back to Shopify if requested. A 5% success fee applies to the transaction.
Neostar Global provides M&A and business advisory services as well as act as a full-ser...
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32 transactions totalling USD $48,772
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