All prices in USD
$140,000
  • Avg. revenue /month
    $6,506
  • Avg. sessions /month2,781
  • Avg. profit /month
    $2,000
  • Inventory value
    $50,000

Business Story

Why this business was started

Years of experience in the industry in both retail and wholesale capacities. I had an idea for a business to bring together UK bases board sports brands in one space. Once it grew to a certain level I went full time with the business and added complimentary international brands to the portfolio

The reason of selling this business

I feel the business could do with investment to take it onto the next level, something that will take me several years to achieve without taking large risks on business loans etc.

What's involved in running this business

Fulfilling orders, ordering from suppliers, advertising, shop standards, employee management (including training and rota's), updating website.

This business was founded: over 6 years ago
Time to run this business: approximately 70 hours per week

Description

General description

The Vines Supply Company is an independent skate and surf lifestyle store located in Solihull. We sell a curated collection of the finest international brands including Polar Skate Co, HUF, Brixton, Magenta, Deus, Adidas, Levi's, Stance and Nixon. We offer free delivery options and free, easy returns and pride ourselves on our friendly, helpful customer service.

Why should someone buy this store?

The Vines is a collection of the worlds best skate and surf product brought together in one place. Working as exclusive suppliers to the Solihull area we supply an extensive, handpicked collection of clothing, accessories and hardware. A skateboard shop near birmingham in the town centre of Solihull, The Vines is easily accessible from Birmingham, Coventry, Warwick, Leamington and Kenilworth.

How can the future owner improve the business?

Investing in stock and advertising. Dedicated team for online PPC and SEO.

What work have you put into the store?

5 years online building store and social media presence and opening of first physical retail location.

Traffic and Performance

  • Avg. revenue /month
    $6,506
    Verified
  • Avg. sessions /month2,781Verified
  • Avg. profit /month
    $2,000
  • Inventory value
    $50,000
  • Profit Margin33%
  • Avg. sales /month500
Other details about profit: Revenues are increasing massively month on month.
Last 6 years revenue
  • $481,407
    • Revenue data comes directly from Shopify and cannot be edited by the seller
    Last 6 years traffic
  • 205,828Visits
    • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $79
      /month
    • Inventory warehouse
      $0
      /month
    • Retail space rental
      $1,500
      /month
    • Employees
      $400
      /month
    • Domain
      $20
      /year
    • Codisto
      $29
      /month
    • Google
      $300
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      Dropbox for all markleting assets

    • Personal support after sale

      An ongoing consultation regarding overall business direction. length to be negotiated. Buying help for forward orders, branding and marketing.

    • Domain

    • Product photos

      Shopify has all product images stored

    • Social media

      Total followers10,000subscribers

    • Suppliers

    • Mailing List

      4,500subscribers

    Seller‘s Advice

    How to grow this business

    Increase inventory, increase brand portfolio, open further retail locations, invest in further marketing activity.

    Share

    PV
    Paul V.Current store owner

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