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Ecommerce Website for Sale in Cedar Rapids, USA

Fast-growing eCommerce: Authorized for 40+ top brands of formal dresses, trademark registered in the United-States.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 1 million
Run Rate Sales USD 1.3 million
EBITDA Margin 25 %
Industries Ecommerce Websites
Locations  Cedar Rapids
Local Time 7:47 PM America / Chicago
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 3 million (Native Currency: USD 3,000,000)
Reason: The current owner is unable to dedicate enough time to the business. Discover an amazing business o... View More
Includes physical assets worth USD 150 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Trademark
4.5 Star Reviews
IRS
Business Overview
- Authorized retailer for 40+ renowned brands for occasion dresses for prom, homecoming, and formal dresses.
- We make money through online sales on our website, where customers can browse and purchase our products.
- Last month's website visitor count was 150,000.
- Our AOV is USD 450.
- Strong reputation for quality and style.
- Opportunity to expand and collaborate with new designers and brands.
- Growing demand for special occasion dresses in the market.
- Potential to leverage online marketing and social media for increased visibility.
- Room for growth through targeted advertising and customer outreach.
- Professional marketing agency, charges a standard monthly fee of USD 5,000 for marketing and 5% of sales above USD 100,000 of monthly sales.
- Further expanding the brand portfolio by adding new designers and exclusive collections.
- Exploring international markets and expanding the customer base globally.
- Collaborating with influencers and fashion bloggers to increase brand awareness.
- Developing strategic partnerships with event planners, wedding venues, and bridal boutiques for cross-promotion.
- Shopify Plus, makes it incredibly easy for a new owner to navigate and work with.
- Eligible for Shopify fast, which offers flexible funding of USD 200k, get this fund in one click and pay as you go.
To keep the business running smoothly, several key tasks need to be performed regularly:
- Inventory management: Our business implements a meticulous system of updating our website daily to reflect the availability of dresses in the designer's inventory. To accomplish this, we utilize the services of a trusted third-party provider specialized in maintaining real-time inventory data. This ensures that our customers have accurate information regarding dress availability, enabling them to make informed purchasing decisions.
- Order fulfillment: Processing customer orders, upon receiving customer orders, we promptly transmit the order details, including shipping labels or customer address, to the designer warehouse.
- Customer service: Providing excellent customer support, handling inquiries, resolving issues, and ensuring customer satisfaction.
- Website maintenance: Regularly updating product listings, adding new arrivals, optimizing the website for smooth navigation, and managing online promotions.
- Marketing and promotion: Implementing marketing strategies to increase brand visibility, attract new customers, and retain existing ones. This may involve social media marketing, digital advertising, and collaborations with influencers or fashion bloggers.
Products & Services Overview
Wide range of occasion dresses, including prom, homecoming, evening gowns, and mother-of-the-bride dresses.
Assets Overview
Tangible assets:
- Inventory value of USD 150K.
Intangible assets:
- Full training.
- Trademark registration.
- Company website and the application.
- Email/customer lists.
- Social media pages.
- Logo.
Facilities Overview
We have a rented office of about 300 sq. ft and a showroom of 1,000 sq. ft in the same building in Cedar Rapids, Iowa.
We focus on dropshipping, our designers and brands directly ship the product to the customers. But we do keep some inventory at our showroom as well.
Capitalization Overview
The company is fully funded and owned by the founder, it is profitable, has zero debt, and has no liabilities in its books.
Recent Activity
  • Earlier than 15 days
    Consultant, Odenton, Business Broker connected with the Business
  • Earlier than 15 days
    Founding Partner, New York City, Investment Bank connected with the Business
  • Earlier than 15 days
    Director, Apparel, Sydney, Individual Investor / Buyer connected with the Business
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
6 Buyers already contacted this Business. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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