All prices in USD

M4M Accessories and Parts for Electric Scooters

more4motion.com
$350,000
  • Avg. revenue /month
    $36,643
  • Avg. sessions /month12,784
  • Avg. profit /month
    $20,000
  • Inventory value
    $15,000

Business Story

Why this business was started

We started it accidentally. We were first online distributor selling Segway / Ninebot products online. We gradually realized that business of accessories and parts is more fun then simply resell of products. We have started M4M (former More4Mini) brand and focused on making and marketing M4M brand since then.

The reason of selling this business

We have four more online stores and we need to pay more attention to out other projects. We have been developing M4M brand for over three years and it is time to move on. In addition, my partner has some family situation where he needs cash.

What's involved in running this business

Business operations are established and can be run mostly remotely. I spend most of my time in Italy but still can control and manage business remotely.

This business was founded: about 3 years ago
Time to run this business: approximately 10 hours per week

Description

General description

Store Traffic is top 1% of Shopify stores that launched the time.

M4M manufactures and distributes accessories and spare parts for Segway products in the United States. May include operations in Europe that are run separately for additional $160k [sold separately but a bundled deal is possible]. Additional revenue of about $150k per year comes from Amazon. Total revenue in the US for FY 2018 were about $600K in the US and about $130K in Europe.

Well-recognized brand in the industry.
Network of dealers in the United States and Canada. Pipeline of high-margin products.

If you want to know how we rank in SEO, just google "accessories for segway" or "spare parts for minipro" in your google search and check where [REDACTED] comes. We usually occupy the first page.

We've got a lot of traffic coming from our YouTube account as well as Facebook. M4M YouTube and Facebook accounts are included into this sale! Most of traffic comes from Organic Google traffic.

More4Mini controls its inventory!!! It gives huge gain in profitability. Several dealers and drop-shipping sites partner with More4Mini and it gives great control over the market and sales.

Why should someone buy this store?

Market leader and well-recognized brand in the industry. M4M is a registered and protected brand. Set contract with manufacturers that make M4M branded products. Pipeline of high-margin branded products for 2019. Fantastic business that can be operated remotely with all business processes set in place.

How can the future owner improve the business?

Great cash positive growing business that is well-recognized in the industry.

What work have you put into the store?

Loyal and growing client base. Products manufactured under our brand. Network of dealers in the United States and Canada.

Traffic and Performance

  • Avg. revenue /month
    $36,643
    Verified
  • Avg. sessions /month12,784Verified
  • Avg. profit /month
    $20,000
  • Inventory value
    $15,000
  • Profit Margin30%
  • Avg. sales /month450
Other details about profit: We sell though the network of dealers and affiliates as well. Shopify sales and profit numbers do not include revenue from Amazon and eBay. Branded inventory in place. Pipeline of high-margin products.
Total revenue
  • $1,392,450
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 485,802Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $200
      /month
    • Inventory warehouse
      $500
      /month
    • Domain
      $50
      /year

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      Online store, all domains, inventory, mailing lists, relationships with suppliers.
    • Personal support after sale

      We are open to provide support up to 2 months to help with the smooth transition. Most operations are outsourced and management transfer will be very easy.
    • Domain

    • Product photos

      All product pictures are part of the existing site and will be transferred.
    • Social media

      Total followers4,000subscribers
    • Suppliers

    • Mailing List

      15,000subscribers

    Seller‘s Advice

    How to grow this business

    Focus of social media marketing (IG) and adding new products.

    Share

    AK
    Alexey K.Current store owner

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