All prices in USD
  • Avg. revenue /month
    $6,020
  • Avg. sessions /month1,874
  • Avg. profit /month
    $600
  • Inventory value
    $20,000

Business Story

Why this business was started

We decided to start the business from a growing interest we had in electric scooters. We wanted to be able to provide efficient, safe and well built machines to New-Zealanders.

The reason of selling this business

We are selling the business as we are moving to Australia. The business is exclusively established for the NZ market.

What's involved in running this business

Advertising, ordering from suppliers, fulfilling orders, after sale, service, maintenance, accounting, replying to customers and supplier queries, preparation and verification of the electric scooters before shipping, managing freight.

This business was founded: over 1 year ago
Time to run this business: approximately 15 hours per week

Traffic and Performance

  • Avg. revenue /month
    $6,020
    Verified
  • Avg. sessions /month1,874Verified
  • Avg. profit /month
    $600
  • Inventory value
    $20,000
  • Profit Margin6%
  • Avg. sales /month20
Other details about profit: The business is still in its startup phase, we reinvest all profits into more stock.
Total revenue
  • $102,335
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 31,867Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $26
      /month
    • Inventory warehouse
      $1
      /month
    • Employees
      $1
      /month
    • Domain
      $30
      /year
    • xero
      $20
      /month
    • google
      $600
      /month
    • adobe
      $35
      /month
    • accounting
      $180
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      All branding assets will be transferred
    • Personal support after sale

      We will provide support after sales for 3 months, this includes training and advising.
    • Domain

    • Product photos

      All photos and videos will be transferred
    • Social media

      Total followers890subscribers
    • Suppliers

      All contacts will be transferred. The new owner will be personnaly introduced to all partners.
    • Mailing List

      160subscribers

    Seller‘s Advice

    How to grow this business

    Depending on the level of investment the new owner can afford, we would recommend the following: Keep offering machines that are efficient on hills and with decent autonomy. They must be well known in the electric scooter community. Ideally be based in Auckland, the biggest market share and allow people to collect their scooters. Make sure you remain affordable to customers. Prefer selling more with lower margin than the opposit as most of your competitors. Rank better on Google, improve site copywriting, Strengthen partnership with Voro motors.

    Skills to have

    Be careful, the technology improves/changes very fast. Do not buy huge quantities to get better wholesale rate, you will end up selling obsolete machines with no margin. Basic technical skills are required to provide repair and maintenance advices. Repairs are usually done by us unless the customer wants to do it.

    Share

    HH
    Helena H.Current store owner
    Online store based in New-Zeland, our goal is to propose efficient, reliable and affordable electric scooters to consumers. Because we are selling spare parts for our scooters, we have been able to reach the Australian market. Australian orders of spare parts are steadily growing.

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