M4M Accessories and Parts for Electric Scootersmore4motion.com
- Avg. revenue /month$37,137
- Avg. sessions /month12,759
- Avg. profit /month$20,000
- Inventory value$15,000
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.
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$37,137Verified
- Avg. sessions /month12,759Verified
- Avg. profit /month$20,000
- Inventory value$15,000
- Profit Margin30%
- Avg. sales /month450
- Shopify plan
- Inventory warehouse
Logo and branding assetsOnline store, all domains, inventory, mailing lists, relationships with suppliers.
Personal support after saleWe 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.
Product photosAll product pictures are part of the existing site and will be transferred.
Our features for a secure experience
- Verified revenue and traffic
- Secure messaging platform
- Escrow payment system
- Dedicated migration team
Why use Exchange?
Exchange is the largest and fastest-growing marketplace for Shopify e-commerce stores
Verified listing data
The revenue and traffic data that you see on each listing is pulled directly from its Shopify account. This means that the data has been verified. Exchange reviews and monitors listings for thorough and accurate information.
Secure messaging platform
You will be able to communicate with sellers via a secure messaging platform. After you log in and request information from a listing, sellers are notified and have the ability to respond. When you are ready, you can make an offer.
Encrypted payment capture
Exchange and Escrow.com have partnered together to provide you with safe transactions that have bank encryption, making sure that payment is securely captured. Escrow.com ensures that its users pass verification checks before transactions can proceed.
Take time to inspect the business
Once you submit payment to Escrow.com and the payment has been secured, the funds are held until you confirm that all assets received are as negotiated. You can use the inspection period to ask the seller any extra questions about the business.
Safe store transfer
When the transaction is finalized, the dedicated migration team at Exchange will begin the process of making you the new owner of the store. Buyers and sellers will be notified via an email from the Exchange team once store transfers have been completed.
Post-purchase 24/7 Shopify support
Once you log into your Shopify account for the first time and choose a subscription plan, Shopify Support Gurus are available 24/7 to help you with the settings of the store.