Directory / OpenStore
OpenStore
Platform that acquires and operates Shopify ecommerce stores from founders looking to exit.
Key facts
- Website
- openstore.com
- Founded
- 2021
- Pricing
- Direct acquisition — OpenStore buys the business outright, not a listing fee model
- Rating
- No reviews yet
About OpenStore
OpenStore is a platform that acquires and operates Shopify ecommerce stores from founders looking to exit. Rather than listing stores for other buyers, OpenStore itself buys the store and takes over its operation, giving Shopify founders a direct sale option.
Key features
- Direct acquisition offers via Shopify data
- Algorithmic pricing generated in ~24 hours
- Can close a deal within about a week
- Targeted $500K-$10M revenue Shopify brands
- Takes over full operation post-acquisition
Pros & cons
Pros
- Fast, data-driven offers for founders
- No fees for sellers (direct acquisition, not brokerage)
Cons
- Company has wound down/shut down most acquired stores
- No option for founders to stay on post-sale
- Only fits a narrow revenue band of sellers
Reviews
No reviews yet. Be the first to share your experience with OpenStore.
Frequently Asked Questions About OpenStore
What is OpenStore?
OpenStore is a platform that acquires and operates Shopify ecommerce stores from founders looking to exit. Rather than listing stores for other buyers, OpenStore itself buys the store and takes over its operation, giving Shopify founders a direct sale option.
Who is OpenStore for?
It's for Shopify store founders who want a direct, single-buyer exit rather than listing on an open marketplace and negotiating with multiple potential buyers.
What category does OpenStore fall under?
OpenStore falls under Marketplaces — it's a platform where buyers and sellers meet directly to transact on businesses, sites, or digital assets rather than working through a single advisor.
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