Dropshipping has recently developed itself as one of the most powerful dropshipping business models. The primary advantage of dropshipping is that it facilitates opening a web store without demanding to stock supplies. In the alternative model, the customer places the order. The store owner then orders the item from a third-party supplier, who sends it directly to the customer through shipping. This is done without the need for capital costs or warehouse space.
If you love dropshipping business but don’t want to build a store with the trouble of creating your model from scratch, purchasing a pre-made dropshipping store is probably a good choice for you. This blog post will discuss some of the most popular marketplaces and service providers for buying dropshipping stores for sale in 2024.
Why Buy a Pre Built Shopify Dropshipping Store?
Here are some of the main benefits of purchasing an existing dropshipping store rather than starting from nothing:
- Save time: Building a store from the ground up and setting up suppliers can be highly time-consuming. Buying a ready-made store lets you skip right to the selling.
- Gain momentum quickly: An established store with existing sales data and reviews will immediately look more legitimate to customers.
- Reduce guesswork: A proven successful store takes much of the risk and uncertainty of which products to sell.
- Lower upfront costs: Purchasing an existing profitable store is often cheaper than investing in a new build.
- Access mentorship: Many store sellers provide continued mentorship and advice to help you scale the business.
Top Dropshipping Store Marketplaces
If buying a pre built dropshipping store from the choices, you need first to see and pick the marketplaces that offer ready stores for sale. Here are some top options:
Empire Flippers
It is one of the most popular marketplaces for buying and selling online businesses and stores. They thoroughly vet each store before listing to ensure legitimacy. Most stores on Empire Flippers generate $5-20k per month in profits. Expect to pay 12-36 months profit for a quality store.
FE International
Like Empire Flippers, FE International brokers deals for high-value ecommerce businesses and stores in the 6-7 figure range. They have an extensive vetting process and focus on profitable businesses with growth potential.
Flippa
A wide range of online businesses and stores are listed on Flippa, from lower-budget stores generating a few hundred dollars per month to larger companies. As it’s an open marketplace, quality and legitimacy can vary. But with proper due diligence, great deals can be found.
Shopify Exchange
Shopify’s official marketplace for buying and selling Shopify stores. Stores listed on Shopify Exchange must use Shopify payments and other Shopify services. Typically, it is better to find stores in the lower (under $15k) price range.
Pre Built Shopify Dropshipping Store
For buyers looking for established Shopify dropshipping stores, Pre Built Shopify Dropshipping Store provides thoroughly vetted stores generating $ 2- 5k+ monthly profits. Full training and support included.
Dropshipping Store Services
In addition to marketplaces, dedicated services will custom-build, optimize, or scale a dropshipping store on your behalf. A few top options:
Startstorez
Startstorez.com is a service that will completely customize and build a new Shopify dropshipping store for you, or you can get a pre-built Shopify Dropshipping Store. They handle everything from store setup to product research and logo design. They also guide running ads and scaling the business.
Ecomhunt
Ecomhunt offers store builds and “store revamps” where they’ll overhaul an existing underperforming store. They focus on stores in home decor, fashion jewelry, and fitness equipment. Scaling support is also provided.
eComEngine
For larger-scale builds, eComEngine will create and manage a high-volume dropshipping store projected to generate over $100k per month once optimized. They handle everything from supplier relations to order automation. Ideal for established ecommerce entrepreneurs.
Key Tips for Buying a Dropshipping Store
When searching for and evaluating an existing dropshipping store to purchase, keep these tips in mind:
- Thoroughly vet any financial and sales data provided. Make sure traffic, conversions, and order volumes are verifiable.
- Try to understand any seasonality or trends related to the store’s niche that could impact future earnings.
- Get clarity on which suppliers and fulfillment networks the store relies on. Ensure they are reliable.
- Inspect the store’s reviews and reputation. This will indicate the overall customer experience being delivered.
- Evaluate the branding, images, and product descriptions. Are they high quality? Is re-branding needed?
- Understand any proprietary processes or fulfillment systems. Will mentorship on running them be provided?
- Don’t overpay – factor in historical earnings and future growth potential when valuing the store.
- Negotiate formal terms. Lock in adequate training periods, escalation processes, and performance guarantees.
Partnering with an experienced service provider like Startstorez can further stack the odds for success in your favor. You can be primed for business growth well into 2024 and beyond with the right store purchase.