All prices in USD
  • Avg. revenue /month
    $4,240
  • Avg. sessions /month2,957
  • Avg. profit /month
    $2,000
  • Inventory value
    $5,000

Business Story

Why this business was started

My back ground was in the garment industry. When we migrated to Australia in 2004 I saw a gap in the market for good quality motorcycle apparel at great prices. Because of my background we were able to source products from reliable supplier we already knew.We opened our first casual mall leasing kiosk in 2007.In our first week we took $2k more than our budget and grew from strength to strength and at some stages we hade two kiosks running at the same time.

The reason of selling this business

In 2010 we opened a proper store(bricks and mortar) in Westfield shopping cnt and had a lease for almost 6 years. After the lease was up the owner semi retired.

What's involved in running this business

Currently its an online business only so it really sells online 24/7. -Posting of orders -Answering emails -Placing orders with suppliers -Marketing

This business was founded: almost 7 years ago
Time to run this business: approximately 6 hours per week

Description

General description

Love Motorcycles And That Lifestyle Then This Offer Is For You.

We deal in motorcycle apparel and related products and have had the shopify store since October 2016.We sell our own brand Wicked Gear and also have some other famous brands like Johnny Reb,Buff and,Rossi.Our main products are Motorcycle boots,pants,gloves,jackets and jeans to name a few.

There is tremendous potential and the business can be operated from anywhere in the world with 3PL warehousing if need be.We currently have our own warehousing setup and all goods are shipped from Western Australia.

Our products are fairly unique and we have an excellent and extremely reliable supplier base of which we will let the prospective buyer have.Good Margins are being achieved.

Our Facebook page has 18K likes and we have recently setup an instagram account.

Why should someone buy this store?

There is huge potential to carry on importing our own line of products as we have really good trustworthy supplier base overseas and have a GP of about 60% More local suppliers can also be sourced.

How can the future owner improve the business?

Carry on importing the Wicked Gear brand and expand on product lines. Source other brands locally

What work have you put into the store?

A tremendous amount of work has been put into our online business since early 2008...

Built the store from scratch Have a bought a good Shopify template Google ads account and Facebook accounts setup. Facebook page Sourced reliable suppliers Hundreds of product image's all of which have been edited. Created product descriptions and titles

Traffic and Performance

  • Avg. revenue /month
    $4,240
    Verified
  • Avg. sessions /month2,957Verified
  • Avg. profit /month
    $2,000
  • Inventory value
    $5,000
  • Profit Margin50%
  • Avg. sales /month63
Other details about profit: The figures above are based on current sales and mainly includes other suppliers stock. Our own brand provides much more revenue. There is a lot more revenue to be made outside of the online store.
Total revenue
  • $343,455
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 239,571Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Inventory warehouse
      $185
      /month
    • Domain
      $30
      /year
    • Various apps
      $36
      /month
    • Google
      $350
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      Immediately on conclusion of the sale.
    • Personal support after sale

      6 months- The daily running of the business and future growth outside of the online business.
    • Domain

    • Product photos

      The product files will be added to a hard drive and given to the new owner
    • Social media

      Total followers18,000subscribers
    • Suppliers

      Very reliable suppliers overseas and locally details will be provided on agreement of the sale of the store.
    • Mailing List

      7,600subscribers

    Seller‘s Advice

    How to grow this business

    We stopped importing out own Brand when Covid started and haven't done any since as the owner has semi retired and now mainly does share and crypto trading. Instagram ads and a more detailed look at Google ads- When we first startled had casual mall leasing in the major shopping centers' were averaging about $8K per week with a GP of 60% and leasing costs of $1100 We also have an EBay store with over 4700 feedback with 100% rating-The sale of this can be agreed separately from the sale of the Shopify store.

    Skills to have

    No specific skills, except for good customer service and a friendly approach.

    Share

    Mm
    Mike m.Current store owner

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