Buying A Shopify Store In 2024: How And Where To Buy?
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Want to buy a Shopify store instead of building it from scratch? You are probably aware that finding the right store to buy can be a daunting task. There are many factors to consider, such as the store’s niche, traffic, and revenue.
But, you are in luck! We got your back!
In this article, we’ll explore the best places to search for a Shopify store for sale and the steps to take when purchasing a store. With the right guidance and knowledge, buying a Shopify store in 2024 can be a lucrative investment for your future.
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Everything You Need To Know About Buying Shopify Stores In 2024
When you buy a Shopify store, you inherit an established customer base, pre-existing traffic sources, and a proven track record of sales. However, not all Shopify websites for sale are created equal. And as a buyer, it’s important to know what to look for before making your purchasing decision.
Hence, before buying a Shopify store, you must consider a few things, like:
- The type of Shopify store you want to buy
- Benefits of a premade Shopify stores vs. a custom-built one
- Start your store research and its customer base, engagement, social media presence, etc.
- Follow an entire process that includes an escrow transaction
In addition, I will discuss the listed matters in detail, below in this blog article. Let’s start!
Things To Consider Before Buying A Shopify Store
Buying a Shopify store is a serious investment and should not be taken lightly. In this article, I will share with you the things you need to consider before buying a Shopify store. But, keep in mind that it is based on my personal experience and expertise.
These considerations will help you make an informed decision and avoid costly mistakes. So without further ado, let’s dive in!👇
How Much Can You Spend?
If you want to buy an existing Shopify store, one of the first questions that will likely come to mind is: how much should I spend to buy a Shopify store?
Firstly, keep in mind that determining a budget for buying Shopify stores isn’t as straightforward as simply looking at the price tag of the business.
➡ Factoring in additional costs
Hence, there are additional costs to consider beyond the purchase price, such as inventory and platform fees.
For example, if the store you’re interested in sells physical products, you’ll need to consider the cost of inventory. Additionally, Shopify charges a monthly fee for its e-commerce platform, so it’s important to factor that into your overall budget.
For instance, Shopify monthly subscription fees start at $32/month, and it is up to $399/month.
In addition to the monthly subscription fee, Shopify also charges transaction fees for every sale made through its platform. These fees range from 2.4% to 2.9% of the sale price, depending on the plan chosen by the business.
👉 Learn about Shopify Pricing Plans: What’s The Cost Of Dropshipping With Shopify?
Moreover, there are add-ons and apps that you can use to enhance your online store. These add-ons can range in price from free to hundreds of dollars, depending on their complexity and functionality.
Plus, you should be aware of costs like credit card processing fees, shipping fees, and taxes. These fees can vary depending on the Shopify business for sale location and the products they sell.
👉 Read about Dropshipping Taxes and Payments – Must-Know Facts.
👉 Learn How To Add Afterpay To Shopify: My 4-Step Guide + Examples.
➡ Understand your financial options
If you want to buy a Shopify store, it is essential to review your finances. Thus, financing options are available for those who may not have the liquid capital required to purchase a store outright.
However, it’s important to do your homework beforehand on how you plan to fund the purchase. Whether it’s through a loan, equity investment, or other means, understanding financing options and their associated costs is crucial to determining your overall budget.
So, I advise you to create a dropshipping business plan, before diving into anything like this.
➡ Consider future expenses and profitability
Once you’ve determined your budget and successfully purchased the Shopify store, it’s important to consider the expenses you’ll incur as the new owner.
These expenses can include:
- the cost of the Shopify plan you’ve selected,
- domain fees,
- third-party apps and services,
- paid advertising, inventory, and
- employees.
Therefore, properly accounting for these expenses can help ensure you maintain a steady cash flow and keep your business operating smoothly.
Furthermore, it’s important to consider the store’s current profit margins. Plus, keep in mind the projected growth potential when deciding how much you’re willing to spend. Also, a thorough analysis of the store’s existing traffic sources, customer base, loyal customers, and engagement rates can help you forecast and project future profitability.
👉 Read about How To Increase Organic Traffic To Your Dropshipping Store?
In addition, with careful planning and analysis, you’ll be well on your way to owning a successful e-commerce store.
Why Do You Want to Buy a Store?
As a store owner, I can say that identifying my motivation for purchasing a store and how it aligns with my business goals was a crucial step in deciding if it is the right decision for me.
Therefore, I will list what helped me make my decision, which btw turned out to be the right one!
➡ Motivation and Business Goals
The first question to ask oneself is, why do I want to buy a Shopify store? There are many reasons why someone might want to invest in an existing online business.
For instance, you may want to expand your existing business, acquire a new source of income, or enter a lucrative niche market. Whatever the motivation, it is essential to make sure it aligns with one’s business goals.
Let’s assume that my business goal is to have a steady source of passive income. In that case, I may be motivated to purchase a Shopify store that has a proven track record of profitability, a loyal customer base, and a steady income stream.
On the other hand, if my business goal is to build a brand from scratch. I may not be interested to buy Shopify business, as it may not align with my vision of building a brand from the ground up.
➡ Shopify Pros & Cons
Once I have identified my motivation and business goals, it’s time to consider the benefits and limitations of the Shopify platform. Also, you can learn how it can help you achieve your desired outcomes.
Shopify offers a wide range of customization options, making it easy for dropshippers to tailor their online store to their specific requirements.
Plus, it provides a range of marketing tools, including email marketing and social media integrations. This way, it enables you to connect with your target audience and promote your products. Also, you can buy, sell, and browse through a range of pre-built Shopify stores.
However, have limited control over the underlying technology and the potential for customization. Also, Shopify charges a monthly fee for its platform, which can add up over time if you plan on using the platform long-term.
➡ Making the Right Decision
In conclusion, understanding my motivation and business goals and evaluating the benefits and limitations of Shopify was crucial in making the right decision for me.
In fact, by determining your motivation, you can make sure that purchasing a Shopify store aligns with your business objectives. Moreover, by evaluating the benefits and limitations of Shopify, you can determine whether the platform meets your desired outcomes and whether the platform is the right choice for your business goals.
Why Is The Owner Selling The Store?
You must pop up the question – why is the owner selling the store? Retirement? Pursuing new opportunities? Needing some extra cash? Maybe it’s just time for a change of pace.
However, the reason may also be that the dropshipping business is no longer profitable.
Occasionally, there may be underlying issues with a business that the seller is unable to rectify. These issues could encompass legal complications or an influx of competition within the market.
Therefore, it is advisable to steer clear of these issues as they can prove to be challenging to resolve.
So, whatever the reason may be, there’s a unique story behind every store sale. Get the inside scoop by chatting with the owner directly!
What Kind Of Shopify Stores Can You Buy?
As someone who has been involved in eCommerce for a while now, I can confidently say that Shopify is one of the best platforms for online stores.
Now, let’s take a deeper look into the different types of Shopify stores available for purchase.
Option 1: An Already-Running Custom Shopify Store
In this section, I’ll be focusing on already existing and running Shopify stores that are put up for sale by their current owners.
✅ You know the products that already sell
In my opinion, one of the biggest benefits of buying Shopify stores is that you know the products already sell.
Also, the current owner has done the hard work of establishing the store and creating a customer base. So you don’t have to worry about whether or not the products will sell.
✅ Access to customer data and social presence
Additionally, when you buy an already-running Shopify store, you may gain access to creatives for ads and customer data. This can help you start marketing right away. Plus, many stores come with social media accounts that already have a following, which can be a huge asset.
❌ More Costly Option
However, it’s important to note that these stores are generally more costly than those that haven’t made any sales yet. Depending on the store’s success and revenue, prices can range anywhere from $1,000 to millions of dollars. This can be a big investment, but it can also be a worthwhile one if you’re serious about establishing a presence in a certain industry.👇
Generally, when purchasing an already-running Shopify store, you’ll gain access to a variety of assets that come along with the sale. This can include the domain, products (and possibly suppliers), logo, and marketing plan. Essentially, you’re purchasing an established business that’s ready for you to take over and continue growing.
One example of a custom Shopify store that was bought from a previous owner and is still running is the online fashion retailer, Nasty Gal.👇
The company was originally founded in 2006 by Sophia Amoruso but was sold to the British online fashion retailer, Boohoo, in 2017. Despite the change in ownership, the Nasty Gal website still operates on the Shopify platform and continues to sell trendy clothing and accessories to a global audience.
In my experience, buying an already-running Shopify store can be a smart choice if you’re willing to make the investment. While it may cost more upfront, you’re getting a business that’s already established with a customer base and proven success.
Option 2: A Brand-New Custom Shopify Store
If you want to buy Shopify store, think about this! A brand-new custom Shopify store is the most common type of pre-made Shopify store available in the market. These stores are designed to provide business owners with everything they need to start selling online.
One of the main benefits of buying a brand-new custom Shopify store is that you have the ability to choose every essential aspect, including categories, color palettes, suppliers, and more. This allows you to tailor the store to your specific needs and preferences, creating a unique shopping experience for your customers.
Plus, brand-new custom Shopify stores are affordable, usually costing around $180 to $360. And, you also have free Shopify templates to choose from.👇
Moreover, you can adjust the store’s settings and design according to your preferences without having to spend on expensive website developers. The advantage of purchasing a brand-new custom Shopify store is that you can begin selling almost immediately after purchase.
Plus, setting up a Shopify store is pretty easy, following several steps, like creating an account, choosing your theme, customizing your theme, adding products, payment methods, etc.
💡 Tip: Learn How To Set Up Your First Store On Shopify [For Dropshipping Beginners].
Option 3: Get A Custom Turnkey Shopify Store Built For You
While pre-made Shopify stores are readily available, they may not always fit your specific business needs. That’s where Option 3 comes in: getting a custom turnkey Shopify store built for you.
Firstly, a turnkey store is ideal for those who want a tailor-made store without the effort of building it from scratch.
With this option, the store is created for you by professionals to suit your unique needs and budget. As someone who values efficiency, I appreciate that I can have a fully operational store without spending the time and effort to build it myself.
However, the sales potential of the store depends mainly on promotion efforts. Therefore, when choosing this option, it’s essential to remember that traffic to the store won’t come automatically.
👉 Check out Shopify Marketing: The Strategy & Tactics You Can Use To Promote Your Store.
In terms of cost, the price range for a turnkey Shopify store can vary depending on the level of customization and features included.
On average, a basic turnkey Shopify store can cost anywhere from $500 to $5,000, while a more advanced and customized store can cost upwards of $10,000 or more.
However, I believe that the investment pays off in the long run with a unique and tailored store that can set me apart from competitors.
To give a better idea of what is included in a turnkey store package:
- Products
- Product descriptions
- Suppliers
- A domain
- A logo
- Shopify apps
- Speed optimization
- Conversion rate optimization
- Installed Meta Pixel
Buying A Running Store Vs. Having a Custom Store Built For You
➡ Purchasing a pre-made Shopify store may appear to be the easier route, as it saves time and effort in terms of product research and choosing suppliers. However, it can also lead to a lack of uniqueness and missed learning opportunities.
Moreover, there is a risk of inheriting any past customer issues or negative reviews.
Additionally, an existing store may have established relationships with vendors and suppliers, making it easier to restock inventory and negotiate better pricing.
➡ On the other hand, building a custom Shopify store allows for complete control of the business, from the design to the product selection. It also provides valuable experience in creating and managing an online store. However, it may require more time, effort, and money upfront.
Plus, you have a wide range of customization options, and you can establish your own dropshipping brand. This means that you can create a unique and personalized shopping experience for customers, which can help set your business apart from competitors.
However, building a custom store can be time-consuming. It may also take longer to establish a customer base and build brand recognition, as there is no existing business to inherit.
So, if you have specific requirements and want full control over your store, then a custom store may be the better choice.
👉 Also, read about Shopify vs. Custom Store for Dropshipping – What’s Better & Why?
How To Buy an Already Running Shopify Store?
In addition, I’ll be discussing how to buy an already-running Shopify store, the benefits and drawbacks of doing so, and some tips on how to make the buying process a success. Let’s dive in!
1. Set Your Budget
Setting a budget is a crucial step in buying a Shopify store. First and foremost, you need to determine how much money you’re willing to invest. Hence, it includes the purchase price and any ongoing expenses like Shopify platform fees and marketing campaigns. Plus, if you are choosing another e-commerce model, rather than dropshipping, significant inventory costs will appear as well.
Therefore, to set your budget effectively, consider your financial goals. Do you want to turn a profit right away, or are you willing to invest money upfront for long-term growth? Additionally, take a look at your personal finances and assess how much money you can realistically afford to spend.
Having a clear picture of your budget will help you narrow down your options and focus on real business opportunities. Plus, it will also allow you to avoid financial strain and ensure that you have enough funds available to cover unexpected expenses or dips in revenue.
2. Find A Reputable Marketplace
As someone who has bought multiple Shopify stores, I know that finding a reputable marketplace is key to a successful purchase. There are several popular platforms available, but not all are created equal. That’s why it’s crucial to do your research and select a marketplace that suits your needs.
To start with, I recommend researching and evaluating various platforms such as Shopify Exchange, Flippa, and Empire Flippers. These are some of the most well-known marketplaces where you can purchase pre-built Shopify stores.
However, when evaluating these marketplaces, you should consider several factors:
Number of stores for sale
One of the most important is the number of stores for sale. A platform with a wide range of options will give you greater freedom to find a store that meets your business goals. For example, Flippa offers over 5,000 Shopify stores as of this moment.
Verifiability of financial records
Furthermore, a reputable marketplace will have detailed financial information available for each store, including monthly profit and traffic sources. This data can help you make an informed decision and assess the potential profitability of the store.
For instance, Empire Flippers give a comprehensive listing for each Shopify store, like their revenue, net profit, traffic, laws, and regulations info, earning, seller Q&A, and more. 👇
Customer support
Good customer support is also essential. You want a platform that offers dedicated assistance during the entire process, from the purchasing process to post-sale support. Also, a reliable marketplace should have a knowledgeable and responsive team that will answer your questions and help you through any issues.
Platform Reputation
It’s also important to choose a platform with a good reputation. You can review their history, read testimonials from previous buyers, and look for any red flags that may indicate a less trustworthy platform.
For example, I often do this research. Firstly, I check the platform reviews on Trustpilot, like now, for Empire Flippers.👇
Also, I like reading customer reviews and opinions on Quora as well. 👇
Wondering why?
Buying a pre-built store is a significant investment, so it’s crucial to do due diligence and ensure that you’re working with a reputable company.
3. Find A Profitable Store
First and foremost, when looking to purchase a profitable Shopify store, it is essential to validate its financial records and traffic data.
In other words, you want to make sure the store generates a significant monthly profit, and the traffic sources are organic and diversified.
Another important factor to consider is the length of time a store has been listed for sale. If a store has been on the market for a while, it may indicate a lack of profitability or other underlying issues. It is vital to conduct due diligence and investigate the reasons why a store has been listed for an extended period.
For example, check these two store selling on Empire Flippers. The first one might be a great opportunity. Hence, it is new to the listing, it has a great profit potential which is on the rise. Plus, the brand is well established, and it is in the eCommerce world since 2017. 👇
On the other hand, the second option is also new to the listing, but if you examine it better the profits are decreasing in the past 12 months, and there’s no traffic. Therefore, consider all the facts before buying.
4. Do Your Research & Ask Questions
First and foremost, conducting thorough research is essential when considering purchasing a Shopify store. It is important to gather as much information as possible about the store and seller. This includes reviewing financial documents, analyzing traffic data, and customer reviews.
To ensure a safe purchase, I highly recommend utilizing vetted information provided by reputable brokers. Tools like filters on Empire Flippers, or on Flippa can also be used to narrow down your search based on industry, data, platform, and other attributes.
Let’s say we choose Flippa. Now, you simply go to their website and navigate to their marketplace.
Thus, here you can search the Shopify stores based on niche, e-commerce business model, revenue, net profit, website type, etc.
Furthermore, asking the seller detailed questions about their motivation and history with the store is equally important. Hence, asking about their advertising processes, sourcing methods, and any other operational details can provide insight into the store’s potential for growth.
Plus, once you choose a specific Shopify store, you can check its rating on websites like Trustpilot.
5. Negotiate The Sale
When selling a Shopify store, it’s important to negotiate with the buyer about the business’s value, payment terms, and closing date. Here are some negotiation tips.👇
- Know the store’s value before negotiating. Review the financials, research the market, and assess the potential for growth. This ensures your offer aligns with its potential.
- Hire a Legal Professional. Consult a lawyer before signing a purchase agreement to ensure legality and avoid risks.
- Consider Seller Financing. Consider seller financing if you need help with financing. The buyer pays some upfront and borrows from the seller for the rest. Helps with cash gap.
- Set a Closing Date. Establish a clear closing date during negotiations to allow for due diligence and preparation for ownership transfer. A defined timeline is crucial for a timely and efficient transaction.
- Transfer Ownership. After negotiating, transfer ownership of the business and assets. Pay attention to details and have a broker or lawyer guide you for a seamless transfer.
- Evaluate the Sale Including Segment. To evaluate the value and efficiency of a business sale, the seller should list all assets included like inventory, IP, and domain name. Reviewing the Sale including the segment is important to avoid surprises after the transaction.
6. Transfer Ownership
Last but not least, this is one of the most crucial steps to ensure a smooth transition and avoid any unauthorized access from the previous owner.
Therefore, here are some essential steps to follow for a successful transfer of ownership after acquiring a Shopify store.
🔸 Change Passwords and Remove Seller’s Access
The first step is to change all passwords and remove the seller’s access to any accounts associated with the store. This includes social media accounts, email lists, and any other services that the previous owner had access to.
It is essential to secure your store and protect your assets by ensuring that only authorized individuals have access to them.
🔸 Use Support
If the previous owner offered support for a specific period, it is advisable to take advantage of this offer. Utilize this time to gain a full understanding of how to run the shop successfully. Ask any questions you may have about the business operations, customer base, and previous marketing strategies. This will help you transition into the new role and get a feel for how the store operates.
🔸 Inspection Period
Most platforms, including the Flippa marketplace, offer an inspection period for the buyer to review the assets before completing the transaction.
During this period, the potential buyer can conduct due diligence, verify financials, review backlink profiles, and ensure that everything is in order.
🔸 Make Changes
Once you have completed the inspection period and approved everything the seller has to offer, they will mark the assets as “accepted” in escrow.
Now you can begin making changes to your store to best reflect your new brand identity. Some changes to consider are updating the store name and domain, adding new products, and changing the store’s theme.
Where Can I Buy A Shopify Store? – 10 Best Platforms:
Looking to buy a Shopify store? You’re in luck!
Next, I provide you with 10 of the best platforms to buy a Shopify store and discuss the features that make each unique.
Platform Name | Types of Stores | Stores Price Range |
Flippa | Brand-new custom stores Turnkey Shopify stores Already-running custom stores | $400 to over $1 million |
Fiverr | Brand-new custom Shopify stores Turnkey Shopify stores for purchase | $10-100, or over $300 |
Acquire | Custom-built online stores Already-running stores | Need to subscribe first: – Free – $390/year – $790/year |
Empire Flippers | Already-running stores | $2500 to millions of dollars |
WebsiteClosers | Already-running store business | $400,000 to $35 million |
Upwork | Brand-new custom stores Turnkey Shopify stores | $100 to $1000 |
FE International | Already-running store business | Need to consult for pricing details |
BigBuy | Turnkey Shopify store | Negotiable ( around $1000) |
DripShipper | Custom Shopify store | $500 |
Lemon.dev | Custom Shopify store | $1,990 to $6,999. |
Note: All opinions expressed in this article are my own and based on my personal experiences with each of the platforms.
1. Flippa
I already mentioned Flippa as one of my favorites previously. Plus, I showed you some of its features. But, let’s get into the details.
Furthermore, I find Flippa as one of the largest marketplaces for buying and selling online businesses, with over 5,700 active listings, including around 1,800 Shopify stores at the moment of writing.
One of the things that caught my attention with Flippa is that they offer pre-made Shopify stores with prices ranging from $400 to over $1 million.👇
Plus, one of the best things about the Flippa Marketplace is its filtration system. As a buyer, you can apply various filters to your search, ensuring that you’re only seeing businesses that match your specific criteria. You can filter by revenue, asset type, business model, and more.
In addition to that, Flippa provides some amazing features such as SEMrush integration and Google Analytics that help buyers evaluate a store’s traffic and profitability.
Furthermore, Flippa offers brand-new custom stores, turnkey Shopify stores, and already-running custom stores. I find this to be really impressive because buyers can choose the type of store they want based on their preferences and budget.
Also, another aspect that I find interesting about Flippa is that it’s an excellent platform for market research and inspiration. Many listings include the store’s URL and financials, allowing buyers to gain insights into the niche and learn from the success of other stores.
In my opinion, Flippa is a great resource for anyone looking to buy a Shopify store. It’s easy to use, offers a wide range of businesses, and provides all the necessary information for potential buyers to evaluate the businesses’ potential.
2. Fiverr
Fiverr is a hub for freelancers to showcase their diverse range of services, often referred to as “gigs”.
So, whether you need a logo designer, copywriter, or customer service representative for your business, Fiverr has got you covered.
Additionally, Fiverr also offers custom stores. Thus, it has both brand-new custom Shopify stores and turnkey Shopify stores for purchase.
Hence, you can find custom Shopify stores for dropshipping in almost every dropshipping niche. Also, you can search for stores based on setting up filters. Hence, you can set seller details, category, budget, delivery time, pro services, etc.👇
Moreover, the pricing for these services on Fiverr typically ranges from $10 to $100, but for more comprehensive and professional services, such as turnkey custom Shopify stores, the costs can exceed $300.
Plus, keep in mind that Fiverr does add a fee on top of the prices listed, so factor this into your profit margins.
3. Acquire
Acquire is a platform that specializes in buying and selling Shopify stores. It has several unique features that make it stand out in the competitive marketplace, such as its cutting-edge valuation algorithm and verified purchase agreement by an attorney.
One thing that really impressed me about Acquire was its seller financing option, which allows buyers to borrow money to purchase a business. This feature is perfect for those who are looking to invest in a high-value business but may not have the capital upfront to make the purchase.
Furthermore, you can browse for stores on Acquire based on categories, store profits, revenues, etc. However, all this comes with a price.
So, Acquire offers several pricing plans designed to meet different budget levels and buying needs. Their basic plan is free, and it includes access to all of their tools and services.
But, If you need more support and assistance, they offer two other pricing plans starting at $390/year.👇
Additionally, this platform gives buyers the flexibility they need to negotiate more favorable terms with sellers and helps ensure a smooth transaction.
Hence, if you’re considering using Acquire to buy a Shopify store, rest assured that the buying process is straightforward and easy to follow. 👇
Thus, the first step is to make an offer on a business that catches your eye and wait for the seller to accept. From there, you’ll need to pay for the business and transfer ownership, which typically involves a period of due diligence and verification to ensure that everything is in order. During this time, the funds will be held in escrow until both parties agree that the transfer of ownership is complete.
Overall, I highly recommend Acquire as a top choice for anyone who wants to buy a high-performing Shopify store.
4. Empire Flippers
I highly recommend checking out Empire Flippers when looking for profitable and well-established Shopify stores. This platform has a reputation for listing larger, higher-priced businesses, making it a great option for those with more capital to invest.
What I appreciate most about Empire Flippers is their personalized support services for buyers and sellers. Hence, with higher-priced businesses come more complex transactions, and Empire Flippers is equipped to handle any questions and needs that arise during the buying and selling process.
Plus, you can browse for a Shopify store based on many criteria, like niche, monetizations, profit, etc.
Also, the price range of the stores can be around $80 to millions of dollars. But, if you want a good store, look for a price range above $2500 to millions of dollars.
In fact, the price will depend on the size, success, and traffic of the store in question. It is also possible to negotiate with sellers when making an offer.
Plus, buyers should also keep in mind that there will be additional fees associated with buying a store, such as buyers’ fees and sellers’ fees.
Also, Empire Flippers charges a listing fee for sellers who want to list their websites or online businesses on their platform. The fee varies based on the size and value of the asset being listed. However, buyers can browse and search the marketplace for free without any fees or charges.
In terms of the types of Shopify stores available on Empire Flippers, you’ll find a wide range of businesses ranging from already-running custom stores to those that can be easily expanded.
5. WebsiteClosers
WebsiteClosers is a mergers and acquisitions firm specializing in selling e-commerce businesses, including Shopify stores.
One of the things that set WebsiteClosers apart is its team of advisors who offer valuation, due diligence, and negotiation services. Hence, they have extensive experience in the e-commerce industry, which means they know exactly what to look for when it comes to buying or selling an online business.
Also, websiteClosers offers a wide range of resources and tools for both buyers and sellers.
Thus, their valuation tools are particularly useful, as they can help you determine the true value of your business. They also offer business planning and exit strategy development tools to help you plan for the future and make informed decisions about your business.
However, as of this matter, they offer business listings with Shopify stores for sale. Thus, the price range is between $400,000 to $35 million. The pricing looks like a lot, but it is because they sell whole patented and branded businesses with enormous cashflows.
6. Upwork
As a freelance content creator, I have had the opportunity to work on many e-commerce projects, including custom Shopify store development. One platform that I have found particularly useful for finding Shopify developers is Upwork.
Compared to Fiverr, Upwork has a more professional vibe and charges by the hour, which often means a more thorough and personalized approach to Shopify store development. Hence, you can even find developers to create and customize a Shopify store for you.
On Upwork, you can find a variety of custom Shopify stores, including both brand-new stores created from scratch and turnkey stores that are ready-to-sell products. Also, the price range is around $100-1000.
Also, when it comes to ethical concerns, Upwork offers various safeguards to ensure that the work is legitimate and that you are paying for what you receive.
💡 Tip: Read about Can You Use Upwork for Dropshipping? – Build With Freelancers.
7. FE International
First off, FE International is an investment bank that specializes in merger and acquisition advisory services for online businesses, especially those in the e-commerce sector like Shopify stores. This means they have a wealth of experience and expertise when it comes to buying and selling established businesses.
This platform does a deep dive into each business they sell, providing detailed information about its revenue, traffic, profit margins, and any other relevant metrics. This level of transparency is crucial when it comes to evaluating the potential of a business you’re interested in buying.
FE International also has a team of experienced advisors who guide clients through the entire buying or selling process.
In terms of pricing, you must contact the FE International team and get more information. But, it’s important to note that while FE International’s services do come with a cost, the potential returns of investing in a profitable and established online business can be significant.
8. BigBuy
You are probably confused right now. Isn’t BigBuy a dropshipping supplier for products? Yes, it is.
👉 Check out my BigBuy Dropshipping: Review, Pros & Cons, and How to Start.
But, this dropshipping gigant also offers a custom Shopify store for sale! Have you heard about ‘360° Dropshipping Shop’?
With a wide range of niche options to choose from, this turnkey solution offers more than just that.
Not only will you be able to select from various themes and languages for each niche, but also have access to a plethora of marketing materials and technical resources through the accompanying academy.
Additionally, the store will come equipped with assets like banners and other promotional material, making it easier for you to get started and start making sales right away.
Furthermore, with the 360° Dropshipping Shop, you’ll have everything you need to hit the ground running and start building your own successful e-commerce business.
9. Dripshipper
Dripshipper is a company that offers coffee dropshipping services. It has a coffee dropshipping app. And, with this app, I can choose my preferred roast, size, color, type, and labeling of my store’s coffee bags. This level of customization is a major advantage and allows me to offer unique, high-quality coffee blends that cater to my customer’s preferences.
But, let’s skip to the good part! Another great thing about Dripshipper is that they also offer custom Shopify store-building services for $500 per year. Hence, this is a reasonable price considering the amount of work that goes into building a custom store.
Hence, here’s what you will get for $500/year on Dripshipper. 👇
10. Lemon.dev
Want to buy a Shopify store?
Lemon.dev is a turnkey Shopify store provider that also offers custom store-building services. What sets them apart is that they cater to a particular audience interested in luxury products, making them ideal for those in the high-end fashion niche.
What’s impressive about Lemon.dev’s turnkey stores are that they use the Liv theme, specifically tailored to luxury fashion stores. The theme features a stylish layout with ample space to showcase products and a blog section for content marketing.
Interestingly, their turnkey Shopify stores come in different packages, depending on the plan you choose.
Therefore, for $1,990, you can get the Liv Proffesional-Turnkey solution that includes a complete store setup, and integration with BrandsGateway.
If you want a more advanced solution, Lemon.dev offers a Pro Plus package of $6,999. Here’s what you get. 👇
But Lemon.dev doesn’t limit themselves to just turnkey stores. They also offer custom store-building services for those who want a more personalized touch.
Final Thoughts: Do I Recommend Buying a Shopify Store For Dropshipping?
As someone who has experience in the dropshipping business model, I’ve been asked numerous times whether or not to buy Shopify store. Here are my final thoughts on the matter.
Firstly, let’s address the advantages of an existing Shopify store for sale dropshipping. The main advantage is that it saves you time and effort in setting up a store from scratch. Additionally, it offers the opportunity to skip the process of identifying your ideal audience, which can take a considerable amount of time.
Now, let’s talk about the disadvantages. The biggest challenge is that you may not learn anything in the process of purchasing an existing store. It’s essential to understand your audience to build a thriving business that meets their needs, expectations, and preferences. If you purchase a store without doing that groundwork yourself, you may struggle to promote and grow it.
That being said, it’s important to note that buying a Shopify store would probably be better suited to established business owners looking to expand their portfolios. For newcomers to the dropshipping business model, starting from scratch may be the best way to ensure a solid foundation, even if it involves more work upfront.