Part 2/9:
The entrepreneur started the quest by defining his criteria: looking for a business that had generated over a million dollars in sales, was relatively recent, and came with its share of "good vibes." After exploring multiple listings on Shopify Exchange—a marketplace owned by Shopify that connects buyers and sellers of e-commerce stores—the search proved to be challenging. Many listings were priced implausibly high, often for drop shipping stores that had been inactive for several years.
Narrowing down the search, two potential businesses emerged:
Lenny Lemons, a baby niche company with over $8 million in sales, priced at $20,000.
A beauty niche business that had made around $3 million recently, also priced at $20,000.