Because I’ve owned online businesses for the better half of a decade, I am frequently asked by online business owners if they can sell their Shopify store. Most people are aware that Shopify stores can be sold, but they don’t know how to go about listing the business, finding a buyer, negotiating the deal, and migrating the business.
If you are curious about selling your Shopify store, I recommend reaching out to Empire Flippers.
Empire Flippers is a marketplace to buy and sell online businesses. What I like about them is that their process is quick and easy, and their customer service is among the best I’ve seen in any company. I’ve dealt with Empire Flippers before, and they are the real deal, so I can definitely recommend them.
There are substantial advantages associated with selling your Shopify store with the help of Empire Flippers.
To begin, you don’t have to spend the time or money advertising your business to find a buyer. Empire Flippers has a list of thousands of real online business investors eagerly waiting for new businesses to become available.
Second, you don’t have to worry about non-serious buyers or time-wasters because Empire Flippers sifts through all the offers and only presents the legitimate offers to you.
Third, this isn’t their first rodeo. Empire Flippers has a 77% success rate selling online businesses, meaning nearly 8 out of 10 businesses secure a deal! In fact, they’ve helped sell over $375 million of online businesses total. They ask their buyers to confirm their available funds when registering to buy a business, and their pool of buyers has over $6B in confirmed liquidity ready to be invested in businesses!
Some other important things to mention are:
- They keep your business private by hiding the URL, so your business is protected.
- They inform you of who the potential buyers are, so you have discretion.
- They only ask that you keep your business on their marketplace for 2 months, which is far better than the usual 6 months in the industry.
- They offer an optional full migration service, which most sellers choose to use.
The beauty of selling your business with Empire Flippers is they do this everyday. They have tons of experience doing this exact thing, and with that knowledge, they are able to take care of nearly all the work for you. Having a list of verified business investors makes finding a buyer and securing a deal much easier than if you were to start from scratch.
Shopify stores typically sell for 30-60x monthly net profit, depending on how accomplished the business is and how revenue is trending. To find out how much your specific business is worth, you can use their quick business valuation tool. I can verify that it works great because I use it frequently to check on the current value of my online businesses.
If you are in a situation where you’re curious about selling your Shopify store, I highly recommend checking out Empire Flippers. Here are some of their helpful resources: