All prices in USD
  • Avg. revenue /month
    $24,775
  • Avg. sessions /month16,593
  • Avg. profit /month
    $8,000
  • Inventory value
    $250,000

Business Story

Why this business was started

Live Out There was launched in 2009 as a premium retailer of outdoor gear and apparel. Our passion was to inspire people to get into the outdoors by providing them with the very best gear and apparel from leading brands. As a founding group of outdoor enthusiasts and a professional adventurer, we believed the best way to get people to care about and protect wild spaces, was to enable them to experience those places.

The reason of selling this business

The members of the founding group are no longer involved and the business requires a fresh injection of new ideas and new direction. It is no longer a fit for the needs of the current ownership.

What's involved in running this business

An strong understand of purchasing and product knowledge around outdoor gear and apparel. Experience with equipment testing and outdoor adventure would be an asset to help you understand the technical demands of the customer base. Also, excellent operating experience in an eCommerce setting is necessary as this business is beyond a starter operation and has vast potential.

This business was founded: over 2 years ago
Time to run this business: approximately 30 hours per week

Traffic and Performance

  • Avg. revenue /month
    $24,775
    Verified
  • Avg. sessions /month16,593Verified
  • Avg. profit /month
    $8,000
  • Inventory value
    $250,000
  • Profit Margin20%
  • Avg. sales /month325
Other details about profit: The company has fairly large seasonal swings due it's the increased sales volume and average basket in the Fall/Winter months. Spring/Summer season is slower and doesn't offer as much upside, so most of your scale up will be dedicated to sales over colder months.
Total revenue
  • $718,488
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 481,211Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Inventory warehouse
      $150
      /month
    • Domain
      $15
      /year
    • misc. SaaS (eg: mailchimp)
      $750
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      Via Dropbox or similar cloud-based file sharing system.
    • Personal support after sale

      We will work with the new ownership for 2-4 weeks to provide proper transition and training. The business has been scaled down to it's simplest form for the purposes of sale, so there are few lingering software or staffing complexities. This will be a very smooth transition.
    • Domain

    • Product photos

      Via Shopify
    • Social media

      Total followers85,000subscribers
    • Suppliers

      Not Included
    • Mailing List

      140,000subscribers

    Seller‘s Advice

    How to grow this business

    Re-vitalize this amazing brand, which is formerly one of Canada's fastest growing businesses. Live OutThere is now entirely a private-label company, but from 2009 - 2017 was one of the largest independent outdoor multi-brand retailers in Canada, selling over $90M in gear and representing over 110 different brands.

    Skills to have

    A good understanding of customer service, new customer acquisition strategies and lead nurturing. Live Out There is an established brand with over 10 years of history, so you are acquiring something that is ready to run full steam - not a startup.

    Share

    CW
    Chris W.Current store owner

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