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Easiest Way To Sell Your Startup

Hey all,

A few months ago, I launched a lean e-commerce business that sells men's shoes - an evergreen product with high margins sitting around 40% (Fell a little in the second month).

Since the start of the year, we have managed to generate $24K in revenue with roughly $9K in profit. Most of this revenue was generated within the first two weeks of January where we saw $14.5K in revenue. The reason for the slowdown is that from January 20th to February 5th, our suppliers in China celebrated Chinese New Year which affected the business.

I am now looking to sell this business to put together some capital to help me launch businesses faster in other niches/verticles and I am seeking YOUR help.

What do you think is the best/fastest way to sell an Ecommerce business? Have you sold one in the past? If so, how did you go about doing so? I have attempted to list it on Acquire, however, it was not accepted.

I have listed it on some marketplaces, with a couple disapproving the listing.

Any ideas are greatly appreciated!

Thank you all,

posted to Icon for group Startups
Startups
on March 3, 2023
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