Are you ready to dive into the world of Ecommerce? You’re not alone. Many people are looking to crack into the lucrative business of Shopify storefronts, and it’s no wonder why. Whether you’re an aspiring entrepreneur or an experienced business owner looking to expand your portfolio, buying an existing e-commerce store can be a smart move.
Why buy an existing Shopify store for sale?
There are several advantages to purchasing an existing Shopify storefront: it saves you time, you can jump in and stare making money immediately, search engine rank, already-established supplier and customer relationships, and you can take advantage of existing social media and branding, plus many other benefits.
Save time
Starting an online store from scratch involves numerous steps including market research, web design, product sourcing, and creating content. Using a pre-built store can save significant amounts of time, allowing you to focus on other aspects of business development such as marketing and customer service.
User-friendly
For business owners who are not technically skilled, setting up an ecommerce store can be daunting. Pre-built Shopify stores simplify the process, requiring less technical knowledge and making it easier to manage the store without needing to code or perform complex configurations.
Built-in features
Shopify's pre-built stores often come with built-in features that are essential for ecommerce, such as responsive designs that work on mobile devices, SEO features to help your store rank better in search engines, and integrations with various marketing tools.
Professional design
Pre-built stores often come with professionally designed templates that are aesthetically pleasing and optimized for user experience. Good design plays a crucial role in attracting and retaining customers, and using a pre-designed template can ensure your site looks professional from day one.
Top places to buy ecommerce stores for sale
But where should you start your search for the perfect online business? Fear not! We’ve curated a list of the top 10 places to buy e-commerce stores for sale, complete with insights and recommendations.
1. Ecomency.com
Ecomency secures the top spot on our list for several compelling reasons. This platform specializes in facilitating connections between buyers and sellers of e-commerce businesses, providing a seamless experience for both parties. What sets Ecomency apart is its user-friendly interface, which simplifies the process of searching for and evaluating potential acquisitions. With an extensive marketplace encompassing various types of e-commerce businesses, from dropshipping to Shopify stores to niche-specific ventures, Ecomency caters to a wide range of buyer preferences.
Moreover, Ecomency prides itself on transparent listings, offering detailed information about each business, including financials, traffic metrics, and other key indicators of performance. Whether you're a seasoned entrepreneur or a newcomer to the e-commerce scene, Ecomency provides the tools and resources you need to make informed decisions and thrive in the digital marketplace.
2. Empire Flippers
Empire Flippers is our next pick for acquiring an Ecommerce business. This curated online marketplace facilitates the purchase and sale of digital businesses, including Ecommerce stores.
What stands out is the platform's user-friendly interface. Potential buyers can easily navigate through available Ecommerce businesses using various filters to pinpoint the most promising opportunities. Once you identify businesses that meet your needs, you can register on the platform and 'unlock' the listings to access comprehensive financial and analytical data. This helps confirm the seller's claims. If the information meets your expectations, you can proceed to make an offer or agree to the listed price. Upon agreement, Empire Flippers offers the necessary tools to ensure a smooth transfer of payment and ownership of the digital assets.
3. BizBuySell
BizBuySell features a wide array of businesses for sale spanning multiple industries, including Ecommerce stores. Although it's not exclusively focused on Ecommerce, the platform offers a plethora of opportunities in this sector, covering categories such as jewelry, home décor, fashion, and travel accessories.
Upon locating businesses that meet your criteria, detailed information about each business is available on the listing page, including financial details, inventory specifics, and analytics. To obtain further details or initiate a conversation with the seller (or the business broker), you'll need to complete a form to schedule a call. Similar to other platforms, the entire transaction process can be handled through BizBuySell.
4. Website Closers
Website Closers has successfully operated as a specialized online marketplace for over twenty years, focusing on the sale of Ecommerce businesses. The platform features a diverse range of Ecommerce businesses across various categories, including fashion, hardware, and household goods.
What we appreciate about the platform is the depth of information provided in each listing, which includes everything from the store’s history to its financial performance. Every listing undergoes thorough vetting before being posted, ensuring the reliability of the information provided. If you decide to move forward with a purchase, you'll be connected to the business broker managing the listing. This allows you to negotiate the price and discuss the specifics of taking over the business directly with them.
5. BusinessesForSale.com
BusinessesForSale.com is a global online marketplace that facilitates the buying and selling of businesses across a range of industries. Although it is not exclusively focused on Ecommerce, the platform boasts a substantial selection of Ecommerce businesses available for purchase.
Listings on the platform generally provide comprehensive details about each business, including financial data, industry insights, and terms of the sale. Buyers can refine their search using various filters such as location, industry, price range, and more. If a particular business catches your interest, the platform enables you to contact the seller directly to discuss and negotiate the purchase terms.
6. Flippa
Flippa stands as another major online marketplace tailored for the buying and selling of online-based businesses, including numerous successful Ecommerce ventures. To explore businesses available for sale, users must navigate to the Flippa website and search for their desired type of Ecommerce store. Clicking on a listing will provide basic information about the business. For access to more detailed information, individuals must either sign up as premium buyers or execute a non-disclosure agreement.
Comprehensive data includes the store’s Google Analytics and financial details, enabling buyers to verify the website’s performance. Buyers can also arrange a call with the seller via the Flippa platform to delve deeper into the business. Subsequently, offers for the business can be made, and if the seller accepts, payment can be processed through the Flippa platform.
7. FE International
FE International offers a distinctive mergers and acquisitions (M&A) advisory service focused solely on digital businesses. Their website presents a range of companies they represent, and if any catch your eye, you can request additional information from the listing agent.
Once you express interest, the agent will provide you with comprehensive details about the business and address any questions you may have. Should you choose to proceed with a purchase, they will assist in negotiating the price. If an agreement is reached, they will facilitate the transaction and oversee the transfer of the business. Opting for FE International would be ideal if you prefer a more hands-on approach to buying an Ecommerce business.
8. Business Exits
Business Exits is a lesser-known gem for e-commerce acquisitions. They focus on helping entrepreneurs exit their businesses, which means you’ll find motivated sellers and unique opportunities. Specializing in listing businesses with high turnovers, they could be an excellent option for those seeking more established Ecommerce ventures.
With a thoroughly vetted selection of Ecommerce businesses for sale, the company provides detailed information about each upon signing up and agreeing to a non-disclosure agreement. If you're interested in purchasing one of their listed businesses, Business Exits will facilitate every aspect of the transaction.
9. Acquire.com
Acquire.com connects buyers and sellers, starting the right conversations that lead to an acquisition. With over 200,000 qualified buyers and thousands of vetted listings, it’s a powerful platform for buying and selling SaaS startups. Whether you’re a buyer or a seller, Acquire.com streamlines the process, making it easier to close deals.
Each listing on the platform undergoes thorough vetting to ensure accuracy in financial and website traffic details. As a buyer, you can sign up for free on their website and explore specific types of Ecommerce businesses for sale. Detailed information about each listing allows you to conduct due diligence effectively.
The platform simplifies the process of making offers, executing transactions, and securely transferring ownership if you decide to pursue an opportunity. With hundreds of thousands of users worldwide, Acquire.com receives excellent reviews from both buyers and sellers.
10. Latona’s
Latona’s is a marketplace specializing in buying and selling online businesses, including e-commerce stores. Their team of experts ensures smooth transactions and provides valuable insights. To find specific Ecommerce businesses for sale, simply visit their website and search for your desired store type. You can refine your search by selecting parameters such as revenue size, price, and revenue streams.
Clicking on a listing provides a brief overview of the business. To access detailed information, you must create an account and agree to the platform's terms and conditions. Similar to other major platforms, Laton’s offers a seamless purchasing experience for those interested in acquiring one of their listed businesses.
Tips for purchasing Ecommerce businesses
Opportunities abound for acquiring an Ecommerce business. From niche markets to established brands, there's a wide range of options to explore. Choosing the right one can pave the way for financial independence and entrepreneurial success. Here are some tips to help you make a well-informed decision if you're considering buying an Ecommerce business.
Conduct thorough due diligence
Conducting thorough due diligence is crucial to ensure a successful purchase of an Ecommerce business. Beyond financials and website traffic, it's essential to delve into other aspects of the business. Analyze customer demographics and purchasing patterns to understand the target market better. Assess the competitive landscape to identify potential challenges and opportunities. Additionally, evaluate the scalability of the business model and its adaptability to market changes. Engage with industry experts or consultants to gain insights into industry trends and potential risks. By conducting comprehensive due diligence, you'll be better equipped to make an informed decision and mitigate potential risks.
Assess your skills
Assessing your skills is critical before purchasing an Ecommerce business. In addition to understanding the business's operations, consider your expertise in areas such as product development, fulfillment, and technology. Assess your ability to adapt to the demands of running an online business, including staying updated on industry trends and implementing effective marketing strategies. Furthermore, evaluate your leadership and management skills, as well as your capacity to handle potential challenges such as customer disputes or supply chain disruptions. If there are gaps in your skillset, explore options for professional development or consider outsourcing tasks to experts in those areas. Additionally, networking with other Ecommerce professionals can provide valuable insights and support as you navigate the business ownership journey.
Understand the market
Understanding the market is essential for making an informed decision when purchasing an Ecommerce business. Conduct comprehensive market research to gain insights into the industry landscape, including market size, trends, and consumer behavior. Identify key competitors and analyze their strengths, weaknesses, and market positioning. Assess the growth potential of the industry, considering factors such as emerging trends, evolving consumer preferences, and technological advancements.
Utilize various tools and resources for market analysis, including keyword research tools to identify relevant search terms and trends. Additionally, leverage professional reports and industry publications to gain deeper insights into market dynamics and forecasts.
Furthermore, ensure there's ample room for improvement and growth within the niche or industry segment. Look for opportunities to differentiate the business from competitors, innovate products or services, and expand into new markets or channels. Assess whether your skills and resources align with the potential for growth and scalability. By understanding the market thoroughly, you'll be better equipped to capitalize on opportunities and mitigate risks when acquiring an Ecommerce business.
Seek professional advice
Seeking professional advice is essential when considering the purchase of an Ecommerce business, particularly if you lack experience in business acquisition. Accountants can help you assess the financial health of the business, review tax implications, and ensure that the purchase is financially viable. Lawyers can provide legal guidance on contracts, agreements, and intellectual property rights, ensuring that the transaction is legally sound and protecting your interests.
In addition to accountants and lawyers, consider engaging a business broker with expertise in Ecommerce acquisitions. A broker can provide valuable insights into the market, assist in identifying suitable opportunities, and facilitate negotiations between buyers and sellers. They can also guide you through the due diligence process, ensuring that you thoroughly evaluate the business before making a decision.
Furthermore, consider seeking advice from industry professionals or mentors who have experience in the Ecommerce sector. Their insights and advice can help you navigate potential challenges and make informed decisions throughout the acquisition process.
Ultimately, consulting with experts can help mitigate risks, save time, and ensure a smoother transaction, ultimately increasing the likelihood of a successful acquisition.
Request a non-compete clause
Requesting a non-compete clause is crucial to protect your investment and prevent the seller from directly competing with the business they just sold. This clause typically restricts the seller from starting or participating in a similar business within a specified geographic area and time frame.
In addition to requesting a non-compete clause, it's essential to thoroughly research the seller's reputation and track record. Look for reviews and references from past buyers to gauge their integrity and reliability in previous transactions. You can also check online forums or industry communities for any negative feedback or disputes related to the seller's business practices.
If including a non-compete clause in the purchasing agreement isn't feasible, consider negotiating other terms that offer similar protection. For example, you could include confidentiality clauses to prevent the seller from disclosing sensitive information about the business to competitors.
Ultimately, ensuring that the seller is committed to the long-term success of the business and won't become a direct competitor after the sale is essential for safeguarding your investment and maintaining the business's competitive edge.
In conclusion
Buying an existing Ecommerce business offers a shortcut to entrepreneurship, enabling you to focus on growth rather than starting from scratch. Utilize reputable platforms to find vetted opportunities and ensure a smooth buying process.
You can find Promising Ecommerce Stores for sale at Ecomency.