- Avg. revenue /month$6,261
- Avg. sessions /month2,640
- 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.
Time to run this business: approximately 70 hours per weekDescription
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$6,261
Verified - Avg. sessions /month2,640Verified
- Avg. profit /month$2,000
- Inventory value$50,000
- Profit Margin33%
- Avg. sales /month500
Revenue data comes directly from Shopify and cannot be edited by the sellerTraffic data comes directly from Shopify and cannot be edited by the sellerExpenses
- Shopify plan
- $79/month
- Inventory warehouse
- $0/month
- Retail space rental
- $1,500/month
- Employees
- $400/month
- Domain
- $20/year
- Codisto
- $29/month
- $300/month
Sale Includes
Physical inventory
Logo and branding assets
Dropbox for all markleting assetsPersonal 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 storedSocial media
Total followers10,000subscribersSuppliers
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.
Tags
Similar Businesses
Sold businesses
Our features for a secure experience
Exchange Trust
- 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.