All prices in USD
  • Avg. revenue /month
    $4,099
  • Avg. sessions /month399
  • Avg. profit /month
    $3,200
  • Inventory value
    $7,500

Business Story

Why this business was started

I started this business because I needed a backpack for my own Boosted Board, and there were no good options available.

At the time I made my first protoype, a famous youtuber named Casey Neistat got a hold of it and began promoting it and using it as his own personal backpack. Sales took off from there and I had a viable business!

The reason of selling this business

I am selling this business as I have always been more excited about company creation than company growth. Board Bag has so much room to expand and grow, and can do so with the right owner.

What's involved in running this business

Daily business activities involve:

-answering customer support emails (20 minutes) -using the fulfillment centers web portal to send out orders (5 minutes)

Macro business activies include:

-Ordering and designing new stock from the supplier. All communicaton is done over Skype. They also have an in-house designer who takes my measurements and poorly done sketches and perfects them into awesome products.

-Sending products to the fulfilment center. I have warehouse space in California and Shenzen. The manufacturer is very helpful in making sure they product gets to the warehouses properly, and at the lowest cost possible.

-I run advertising on Google Ads, reddit. Monitoring campaigns is something you can do once a week, and takes about 20 minutes at most.

This business was founded: almost 4 years ago
Time to run this business: approximately 5 hours per week

Description

General description

Board Bag is the most popular third party brand of backpack for Boosted Board electric skateboard. Customers use our backpack when they go traveling and need a way to protect there electric skateboard.

We operate as an online store through Shopify. We offer two products, and fulfill orders through fufilment centers. About 60% of my sales are USA and 40% are international.

The store can fully be operated from any computer and most processes have now been automated.

Why should someone buy this store?

I have built a strong brand with strong sales, but I have only done this for one major electric skateboard brand. If someone can dupcliate this for other major skateboard brands, such as Evolve, then there is excessive room for revenue growth.

How can the future owner improve the business?

The future owner can improve the store by expanding the product line to other electric skateboard brands.

What work have you put into the store?

Countless hours have been put into this store. I have:

-Designed and created a brand identity -Designed a dynamic website which integrates with Shopify's payment platform -Backpack prototyping
-Sourced a manufacturer and built a strong relationship -Fine tuned fulfilment and shipping logistics

Traffic and Performance

  • Avg. revenue /month
    $4,099
    Verified
  • Avg. sessions /month399Verified
  • Avg. profit /month
    $3,200
  • Inventory value
    $7,500
  • Profit Margin80%
  • Avg. sales /month27
Other details about profit: All sales occur through Shopify.
Total revenue
  • $184,448
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 17,979Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $15
      /month
    • Inventory warehouse
      $250
      /month
    • Domain
      $20
      /year
    • Cart Abandonment App
      $10
      /month
    • Reddit and Google Ads
      $150
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      Google Drive
    • Personal support after sale

      Can be negotiated, but I can offer full training on processes, support throughout transition, and introductions to the suppliers and fulfilment contacts. If you are looking for me to maintain an active roll in the company, that is also possible. I can offer my guidance for concept creation and design for backpacks. I am comfortable to work at an hourly wage to move the company forward succesfully.
    • Domain

    • Product photos

      Google Drive
    • Social media

      Not Included
    • Suppliers

      My supplier is a wonderful company I have been working with from Guangzhou, China. I can help give introductions to my contacts, or if you are interested in me staying with the company, I can continue to being the contact with the supplier as well.
    • Mailing List

      1,500subscribers

    Seller‘s Advice

    How to grow this business

    Since Boosted Boards is currently looking for someone to buy there company, sales are currently slow for backpacks. I would shift focus into making skateboard backpacks for the other major skateboard brands, such as Evolve. There are many other eletric skateboard brands, with lots of customers looking for carrying options for their boards.

    Skills to have

    You should have a good grasp of Shopify, and gmail.

    Share

    MW
    Mark W.Current store owner
    I am the sole owner of Board Bag, the most popular third party backpack company for Boosted Boards electric skateboards. My website is [REDACTED] I live in Toronto, Canada, and completely run my store online. Mostly everything has now been automated, but I do like to spend time speaking with customers to make sure they are happy and getting the product they want.

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