All prices in USD
$200,000
  • Avg. revenue /month
    $40,177
  • Avg. sessions /month21,797
  • Avg. profit /month
    $5,000

Business Story

Why this business was started

I decided to start this business because I was passionate about this particular industry and saw opportunity to run a retail website in a more efficient way than the other players in the space.

The reason of selling this business

I'm currently dealing with health issues, as well as personal life changes. I'm interested in selling the business to a like-minded individual with similar values who can take it to the next level.

What's involved in running this business

Currently tasks like customer support and shipping are handled by one full-time employee. As the owner, I handle product curation, marketing and light web development.

This business was founded: over 6 years ago
Time to run this business: approximately 20 hours per week

Traffic and Performance

  • Avg. revenue /month
    $40,177
    Verified
  • Avg. sessions /month21,797Verified
  • Avg. profit /month
    $5,000
  • Profit Margin30%
  • Avg. sales /month350
Other details about profit: 98% of sales are currently online, 2% through an optional point of sale location.
Total revenue
  • $3,093,655
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 1,678,424Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $129
      /month
    • Retail space rental
      $1,000
      /month
    • Employees
      $5,000
      /month
    • Domain
      $12
      /year
    • Website design options, automated sales tax filing, shopify plan.
      $200
      /month
    • Instagram, Youtube
      $300
      /month
    • Utilities
      $300
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      Full branding guide and all branding assets have been neatly organized and will be transferred to new owner.
    • Personal support after sale

      I'm willing to act as a consultant to the new owner for a contracted length of time depending on the agreement.
    • Domain

    • Product photos

      Most product photos are supplied by their respective manufacturers. [PRIVATE INFO] branded products are photographed, saved and ready to be transferred to the new owner.
    • Social media

    • Suppliers

      Outset currently has unique relationships with all manufacturers within the industry, as well as unique suppliers for Outset branded products. All supplier avenues will be provided to new owner.
    • Mailing List

      21,062subscribers

    Seller‘s Advice

    How to grow this business

    Outset Select has established itself as one of the US leaders in the industry as a retail source for scooter components, accessories and apparel. In the next five years, I think the brand would benefit from additional marketing, product selection and web development. Outset also has a unique opportunity to pivot it's offerings through manufacturing clothing and hard-goods under its' own brand name. Additionally, the business could be developed into a franchise across popular local US markets.

    Skills to have

    Most skills can be outsourced, but a general knowledge of community building and eCommerce would be ideal.

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