We buy great businesses
built on Shopify.
Our simple acquisition process helps you maximize your exit without the hassle.
We buy and operate more Shopify brands than any other company. Two million customers have shopped our 40+ brands offering over 100,000 products across categories.
Why founders sell to OpenStore
Compelling offers
Our approach ensures that you receive a free and reliable offer, empowering you to sell with certainty.
Simple process
We make it easy and provide transparency at every step, eliminating hidden fees and unnecessary hurdles.
Fast close
We enable you to sell your business quickly and confidently so that you can move on to something new.
OpenStore did what they said they were going to do in terms of timing and process, which led to a stress-free sale.
Ryan
Founder of Eclectticos
Selling to OpenStore is simple.
See if you qualify
If your business meets the following criteria, there’s a great chance you’ll get an offer from us.
- 6+ months of operations
- More than $500k in net sales to consumer audiences
- The majority of customers and sales are in the U.S
- Product category isn’t restricted on Facebook.
How we build your offer
These examples provide insight into the factors we evaluate when putting together an offer for your business.
(Note that each valuation is unique to the specific business and may vary accordingly.)
OpenStore’s operating platform
Our expertise, technology, and capital allow us to expertly manage and scale your brand.
Case Study
Blog
How to Sell Your Shopify Business
Case Study
Yogaste: How to Effectively Build and Sell Shopify Brands
Blog
How Much is Your Shopify Business Worth?
Case Study
Why SkullRiderz Chose OpenStore Over Business Brokers
Frequently Asked Questions
After you connect your Shopify business’ information, our pricing team will review your company’s past performance, including metrics such as revenue growth, new customer growth, customer repeat rates, average order value, profitability and customer acquisition costs. We’ll use that data and combine it with our data science model to generate forecasts for your business that allow us to map out your business’ future earnings. This pricing model enables us to build more rigorous offers with more precision than a simple revenue-based valuation or cash flow multiple.
The best way to find out is to submit your business for a free valuation with no obligation to sell. The ideal business for OpenStore is one with high sales growth, high profitability, high marketing scale potential, and low operating complexity. Even if your business is not a fit for OpenStore today, it may be in the future as our qualifications evolve.
Once you submit your information, we’ll send you an offer for your business within 3-5 business days, on average. If you accept the offer, we’ll then complete the diligence process in a matter of weeks. Then we’ll kick off the ownership transfer process.
Once the diligence process is complete, we’ll transfer 80% of your cash offer to you and begin partnering with you on transferring ownership of your business. You’ll receive the remaining 20% after the transfer is complete.
Our team of e-commerce experts manages your business once you sell to OpenStore. We operate nearly 50 Shopify businesses and we have team members who are professionals in social media marketing, paid search, email and SMS marketing, supply chain operations, inventory management, customer service, and more. Employing experts across these different disciplines ensures that your brand is taken care of once we take on ownership.