Can you buy an existing eCommerce business?

Yes!

I’m not talking about just an eCommerce website, but a trading business.

It’s by far the quickest way to get up and running if you don’t have a site or want to expand your business.

Setting up a new eCommerce business is risky. Finding a product, buying stock (don’t get me started on what a farse drop shipping is), setting up a website and finding customers.

You can reduce the risk by buying an existing eCommerce business.

Where do you buy existing eCommerce businesses?

The two main sites are…

1) Exchange by Shopify

Exchange is Shopify’s official marketplace for buying and selling Shopify stores.

The main advantage is all the visitors and revenue is verified by Shopify, meaning you have less chance of some drongo scamming you.

2) Flippa

A marketplace for all types of eCommerce (and none eCommerce) websites.

The advantage is there is greater access to more eCommerce businesses, but all results (sales etc) aren’t verified.