Profitable & Passive Online Shopify Business

A high level mid 30s and very ambitious entrepreneur is selling his extremely profitable e-commerce business. His umbrella company Rhommbus.com operates currently over 20 Shopify stores and 4 online service businesses. The owner used to build many businesses for others as well, but now focuses on building and running his own e-commerce businesses with his team. Up for sale is an incredibly large Shopify store which is in the top 1% of all Shopify stores globally. This enormous and profitable store has been operating for almost 2 years in the general jewelry and clothing niche. In 2020 and 2021 combined, it did just over $1.9 million dollars USD in revenues combined, before being paused so the owner could transfer the ad spend to support his biggest stores. This behemoth of a store uses one supplier but has multiple backup suppliers. The store has amassed a very large email list with an astounding 50,000 subscribers, who have never been remarketed to and posses as an untapped opportunity, which would yield thousands of dollars in profit alone. Here are the numbers: $1,900,000+ USD in lifetime revenues (2 years) $900,000+ USD in revenues (2020) $1,000,000+ USD in revenues (2021) Costs (2020 and 2021 combined): $700,000 Cost of goods $520,000 Facebook ad spend $78,000 Employee Payroll $85,000 Owner Benefit $26,000 Facebook Ads Agency $2,100 Shopify fees/apps etc Net: Approx $244,900 USD over two years or about $122,400 per year averaged over two years A new owner would profit at least over $224,000 per year as there are expenses that a new owner wouldn't have(Facebook Ads Agency), Employee payroll). How the business works: We run Facebook ads to the store. Customers make a purchase/s. Then you go to your suppliers website/app and purchase the item/s. The supplier ships it to your customer. You never have to carry or touch inventory(Drop-shipping). What am i buying?: Included in this sale is the domain, shopify store,suppliers and any apps needed to run the store. A Facebook approved agency which helps optimize our other stores will setup your ads to spec and manage them for up to 3 months.All to make sure that you're setup in the same success path. You will also receive general and brief training from us on how to run this store. On top of all this you will also get 3 months of support and access to the sellers wealth of knowledge. Should you become uninterested in the store, in some cases we will buy it back or we will sell it on your behalf for the same or higher purchase price guaranteed. A new buyer should be computer proficient to learn to navigate the Shopify backend. Serious buyers can also be added to the Shopify backend staff account for due diligence. Reason for selling: We run a few dozen Shopify stores and recently started selling some of our smaller stores, to help elevate our larger stores. This store like 9 others we've sold on Bizbuysell won't last at all. This store is valued at $289,000 USD by Shopify. It is priced extremely low for a quick sale, so we can reinvest back into our ad campaigns. The Jewelry & Clothing niche is one of the most popular and profitable niches out there and also one of the easiest. This business is priced way below net profits to mitigate risk on the buyer starting out. The website is Arlodesire.com. The store is ready for a new buyer to setup ads again and start generating profits. Due to the high number of inquiries we receive; we will only reply to inquiries with questions. All blank messages unfortunately will be ignored. Again please serious inquiries only who are cash ready. *A standard service agreement will be signed as well as part of the sale. Like all our other stores that we've sold this won't last long at all. *Our employees are only included during training if any and to facilitate with support. Past buyers have left raving 5 star Google reviews. Location: Los Angeles County, California Year Established: 2020 Number of Employees: 4 Relocatable: Yes Home Based: Yes Facilities: This is a dropshipping store and no physical facilities are used or required. Just a laptop and internet. Website: www.arlodesire.com Market Outlook/ Competition: There is competition online. However fashion will never go out of business. Growth & Expansion: 1)Utilize the $50K email list which has never been touched. 2)Run Google ads and tiktok ads