- All categories
- Sports and recreation
- Private listing #468341
- Avg. revenue /month$3,403
- Avg. sessions /month1,666
- Avg. profit /month$1,000
Business Story
Why this business was started
I needed an additional income stream which I could fit around my day job and would not take too much of my time. The shop exceeded my expections and helped me out big time when I was going through redundancy and my "freelance consultant" period in life.
The reason of selling this business
My career progressed so first of all I do not have enough time to take the business to the next level and sadly my new employer is not too keen on me having a side project.
What's involved in running this business
Replying to customer's emails (loads of queries could be addressed by development of FAQ section), and processing high value orders (orders below 200 Euro are processed automatically). The stock is automatically updated every 15 min with new stock imported daily.
Time to run this business: approximately 5 hours per weekTraffic and Performance
- Avg. revenue /month$3,403
Verified - Avg. sessions /month1,666Verified
- Avg. profit /month$1,000
- Profit Margin20%
- Avg. sales /month20
Revenue data comes directly from Shopify and cannot be edited by the sellerTraffic data comes directly from Shopify and cannot be edited by the sellerExpenses
- Shopify plan
- $29/month
- Domain
- $20/year
- Shopify Connection (Stock control)
- $40/month
- Google Adds
- $80/month
- Gmail business account
- $10/month
- Business Insurance and sim/ phone number
- $20/month
Sale Includes
Physical inventory
Not IncludedLogo and branding assets
I created a simple yet aesthetic logo and branding, happy to forward the artworksPersonal support after sale
Handover ( via Zoom) After the formal handover, 3 sessions of 15 min each to answer any questions the new store owner may haveDomain
Product photos
98% of product photos are automatically uploaded and refreshed every 15 minSocial media
Suppliers
Two main suppliers. One with sync inventory of over 10K products One offering bespoke expensive specialist bicycles. You will become UK rep for the brand.Mailing List
Not Included
Seller‘s Advice
How to grow this business
The shop has massive potential and can be developed in the following ways: - to continue as a neash boutique type of shop with personal approach, specially to improve social media presence - to take advantage of the new automated fulfillment system and over 10K products which needs to be dispalyed and marketed in more adequate way - to reinstate ebay presence and take advantage of google/social media shopping - promote electric cargo bike to businesses and explor eligibility for green grants (I have a returning corporate customer accessing funding for green businesses) The shop would be beneficial for the following type of buyer: - a family seeking for addional income stream - with large proprtion of stock dedicated to family and kids cycling, the store would be a perfect family business - an entrepreneur with (or access to) great SEO and marketing skills who know how to take advantage of google adds and social media camaigns - an existing brick and mortal type of shop to secure a steady income with very low overheads and endless opportunities to cross promote the businesses
Skills to have
Practicaly everything can be learnt "on the job". I had no experience in ecommerce what so ever when I started. Of course it would be beneficial to have prior knowledge of social media campaigns, SEO and google adds but it is not essencial. In regard to the specific bicycle knowledge, your suppiers offer assistance and help whenever you need it!
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