Have you ever thought about buying an existing dropshipping business? If you're looking to enter the world of eCommerce or expand your current business, purchasing a pre-built dropshipping store could be a smart move. It saves you time, effort, and the steep learning curve of building a store from scratch. You can skip right to managing a business with an existing customer base, proven products, and established supplier relationships.
In this blog, we’ll explore the 7 best websites to buy dropshipping businesses in 2024, making it easier for you to find a store that fits your goals. Whether you’re a new entrepreneur or looking to expand, these platforms provide a wide range of options to get started.
Why Buy an Existing Dropshipping Business?
Buying an existing dropshipping business has many benefits, especially for those who want to avoid the time-consuming process of building a business from the ground up. Here’s why it’s a great option:
Instant profits: Since the business is already generating revenue, you can start making money right away.
Established customer base: Skip the initial phase of finding and building a customer base.
Proven products: You inherit products that are already selling, including trending dropshipping products.
Supplier relationships: The previous owner’s established relationships with the best dropshipping companies can save you the hassle of vetting new suppliers.
However, it’s crucial to evaluate the business thoroughly to ensure it’s profitable and sustainable.
What to Look for in a Dropshipping Business
Before diving into purchasing a dropshipping business, there are several key factors to consider:
Profitability: Check the business’s revenue and profit margins to make sure it’s worth your investment.
Traffic sources: Analyze where the traffic is coming from organic, paid ads, or social media and assess if it’s sustainable.
Supplier reliability: Ensure that the business has stable relationships with reliable suppliers.
Product niche: Look for a store that operates in a niche with steady demand, offering best-selling dropshipping products that are proven to perform well.
By focusing on these points, you can avoid common pitfalls and ensure you’re investing in a business that aligns with your financial goals.
7 Websites to Buy Existing Dropshipping Businesses
Following are the top websites from which you can purchase existing dropshipping businesses.
1. Flippa
Flippa is one of the most popular platforms for buying and selling online businesses, including dropshipping stores. It offers a wide variety of eCommerce sites at different price points, making it accessible to both beginners and seasoned entrepreneurs.
Features: Listings with revenue, traffic data, and seller history
Why use Flippa? Great for finding a range of dropshipping businesses, from small starter sites to more established stores.
2. Exchange Marketplace by Shopify
Exchange Marketplace, powered by Shopify, is a platform that connects buyers with Shopify store owners looking to sell their businesses. Since these businesses are already set up on Shopify, you’re buying a business that’s built on one of the best eCommerce platforms.
Features: Verified revenue data, various price points
Why use Exchange Marketplace? Ideal for buying a Shopify-based store with verified financials.
3. Empire Flippers
Empire Flippers is a trusted marketplace for buying high-revenue dropshipping businesses. They vet each listing extensively to ensure you’re getting accurate data on revenue, traffic, and profits.
Features: Extensive vetting process, detailed reports, and buyer support
Why use Empire Flippers? Ideal for those looking to buy larger, more established businesses with proven profitability.
4. FE International
FE International is a brokerage that specializes in higher-end eCommerce acquisitions, including dropshipping businesses. The platform offers detailed valuations and a professional approach to buying businesses, making it great for serious investors.
Features: High-quality listings, expert valuations
Why use FE International? Best for those looking to acquire premium dropshipping businesses with substantial revenue.
5. Latona’s
Latona’s offers a wide selection of profitable dropshipping businesses and eCommerce stores. Their listings focus on businesses with solid financials and long-term growth potential.
Features: Listings with a focus on long-term growth
Why use Latona's? Ideal for buyers looking for businesses with proven revenue streams and growth potential.
6. SideProjectors
SideProjectors is a unique marketplace where entrepreneurs can buy and sell side projects, including dropshipping businesses. This platform is perfect for finding smaller, niche dropshipping stores that could be turned into full-time ventures.
Features: Smaller side projects and niche businesses
Why use SideProjectors? Ideal for those looking for low-cost, smaller businesses with room for growth.
7. BizBuySell
BizBuySell is one of the most comprehensive platforms for buying various types of businesses, including dropshipping stores. The site offers advanced filters to help you find businesses by industry, revenue, and location.
Features: Extensive listings with detailed financial data
Why use BizBuySell? Best for those who want a wide variety of dropshipping businesses to choose from.
How to Evaluate the Right Website for Buying Dropshipping Businesses
When choosing a platform to buy your dropshipping business, consider the following:
Fees: Each platform charges different transaction fees—ensure you understand these before committing.
Buyer support: Some platforms offer support during the buying process, such as Empire Flippers, while others leave more responsibility to the buyer.
Legitimacy of listings: Always perform due diligence. Use tools like Google Analytics and third-party data verification to ensure the business is profitable.
Key Considerations When Buying a Dropshipping Business
Purchasing an existing dropshipping store comes with its risks, so it’s important to evaluate every aspect carefully:
Supplier stability: Ensure suppliers are reliable and can continue fulfilling orders.
Website performance: Look for well-maintained websites with fast loading times and good user experience.
Customer loyalty: Find businesses with strong customer retention, as this indicates future revenue potential.
By focusing on these elements, you can make a well-informed purchase and avoid pitfalls that can hurt your investment.
How to Successfully Grow Your Newly Purchased Dropshipping Business
Once you’ve purchased a dropshipping business, the next step is scaling it to maximize profits:
Improve marketing strategies: Utilize email marketing, social media, and paid ads to boost traffic.
Expand product range: Add new trending products for dropshipping to attract a larger customer base.
Enhance customer service: Offer faster shipping, easier returns, and better customer support to boost customer satisfaction.
Using automation tools like Shopify apps or WooCommerce plugins can help streamline operations and reduce manual effort.
Conclusion: Secure Your Future with a Pre-Built Dropshipping Business
Buying an existing dropshipping business can be a fast track to success. It offers the benefit of starting with an established store, an existing customer base, and proven product offerings. By using platforms like Flippa, Empire Flippers, and Shopify Exchange, you can find the perfect business that aligns with your goals and budget.
If you’re looking to build or expand a dropshipping store, consider using Spocket. Spocket offers access to top suppliers with fast shipping, allowing you to source high-quality products and run a profitable store with ease. Whether you're buying an existing store or starting fresh, Spocket can help you scale your dropshipping business effectively!
To know more about best drop shipping companies visit - https://www.spocket.co/