- Avg. revenue /month$3,502
- Avg. sessions /month1,593
- Avg. profit /month$938
Why this business was started
Ever since I bought my first electric bike, I fell in love with being able to ride and not get exhausted when traveling longer distances than normal, I also enjoyed all the compliments I received. I decided to start selling them when so many people asked me where did I buy my electric bike. Electric bike sales are booming especially ever since the pandemic started.
We have been in business for 5-6 years selling electric bikes. What I like is that we are not required to buy these electric bikes by the dozens. They are simply dropped shipped directly to the customer via an electric bike wholesale warehouse. You simply get the customer first. Then when their payment clears to your account, you simply place the order with the wholesaler by purchasing the bike at the wholesale price and making a profit. Our domain name alone is worth close to $1,000, which can be verified at godaddy website. Simply google the words "godaddy whats my domain worth". When you are at the godaddy website, input the domain name "electricbikesandscooters.com" our domain name has been circulating within google, yahoo, aol, and a few other popular search engines for 5-6 years. For example, google the words (x-treme electric bike). I believe we are still within the first page of google. Also, if you look at upper left corner when you do that google search it shows about 4,270,000 results. So for us to be listed on the first page in over 4 million results for that keyword, is incredible.
The reason of selling this business
I am selling the business because I no longer have the time to attend to the business, and the necessary time needed for marketing/promoting the business.
What's involved in running this business
To run the business, it is suggested you get an 800 number or you may add another phone number so that customers can call to get answers to any questions they may have. Customers prefer to purchase from a website where they can call for customer service. Freedom voice charges $12 and up for such number. You also have to market/promote the website constantly in order to be successful. I highly suggest utilizing all social media outlets, and google AdWords as well. It is required to check the wholesale supplier inventory and make the necessary updates on your website to coincide with the supplier's inventory. This should be done daily to ensure in-stock availability to customers.
Traffic and Performance
- Avg. revenue /month$3,502Verified
- Avg. sessions /month1,593Verified
- Avg. profit /month$938
- Profit Margin25%
- Avg. sales /month10
- Shopify plan
- Sometimes used Google AdWords average $100-$200 Monthly, However website is already ranking on 1st page for some keywords. So AdWords were not used often for those reasons.
Physical inventoryNot Included
Logo and branding assetsNot Included
Personal support after saleSupport will consist of 1 week I will answer any questions you may have via email.
Product photosPhotos are already on the website.
Social mediaNot Included
SuppliersContact information for the wholesale supplier will be given. You will also have to apply for a new authorized dealer status with the wholesaler.
Mailing ListNot Included
How to grow this business
I suggest lots of marketing such as YouTube videos, Facebook, Instagram, google AdWords, and any other social media platforms.
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.