All prices in USD
  • Avg. revenue /month
    $1,970
  • Avg. sessions /month1,645
  • Avg. profit /month
    $619
  • Inventory value
    $8,000

Business Story

Why this business was started

While backpacking the John Muir trail in Yosemite in 2016 the idea struck me- why isn't there a company that can drop ship everything I need for a camping/backpacking trip for a fair price, on short notice. Use what I need, when I need it and send it back. Upon my return to Portland I began to research and found that no such company existed at any scale. After conducting some surveys and market research it was clear that there was a business need for an online, on-demand camping gear rental service. This article does a good job explaining the genesis of the business and the value proposition. [REDACTED]

The reason of selling this business

It’s with a heavy heart that I’ve decided to sell. There is often never just one reason a founder decides to part with their business. For me, it’s about life priorities. When I started the business I was in my early 30s, had only one small child and was renting a small 2 bedroom house in Portland. Life was easy. Now, we have two young kids, a new large scale fixer-upper home project, and a wife’s increasing career opportunities. It’s my season to take a break from the start-up scene to focus on other aspects of my life. I’ll miss Xscape Pod dearly, and had big plans for the business but needed to do what was best for my family. Now that the pandemic is coming under control the opportunities for this business are looking bright, but I’ve moved on to other pursuits so looking to find a good home for this business.

What's involved in running this business

I ran the business with one partner, each of us spending about 15-20 hours a week on the business during the busy season (May - September) and this includes gear packing operations, customer service, marketing, and general business admin functions. The other months of the year required significantly less time. Really, the amount of time one may spend on this business is proportionate to how fast they would like the business to grow. That being said, this was never my full time job, so never took more than 20 hours a week. If a person could dedicate themselves to this business full time the potential upside is huge.

This business was founded: over 3 years ago
Time to run this business: approximately 20 hours per week

Traffic and Performance

  • Avg. revenue /month
    $1,970
    Verified
  • Avg. sessions /month1,645Verified
  • Avg. profit /month
    $619
  • Inventory value
    $8,000
  • Profit Margin30%
  • Avg. sales /month45
Other details about profit: 2019 generated over $30k in business which was a 100%+ gain year on year. 2020 was impacted by COVID so only made $25k in revenue. 90% of revenue is seasonal (May through August. There are ways to expand this business to be more year round, but may also be a great business for a teacher or someone looking for extra income in the summer time, or if moved to a different city with a longer camping season it's foreseeable that the core business could grow considerably by that alone. Profit and margin per month are relative. I chose to invest every dollar back into the business to grow it. Depending on your goals you could continue to invest profits into the business or take profits for yourself. The good news is the website ranks very high in search for camping gear rental. We always come up on the first page and often one or two in organic search depending on your location.
Total revenue
  • $82,721
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 69,122Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $79
      /month
    • Inventory warehouse
      $0
      /month
    • Domain
      $10
      /year
    • Mail Chimp, BookthatApp, Canva
      $100
      /month
    • We would advertise on Google Search and Facebook/IG for roughly
      $250
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      Logos in all required file formats and sizes, recent digital ads and social posts used for paid advertising. We use [REDACTED] to mock up all brand assets. We would plan to transfer ownership of that account to the buyer of the business. Cost for service is $9.99 per month. Also, we can transfer all digital assets electronically via Google Drive or send all digital assets to the buyer on a hard drive.
    • Personal support after sale

      Yes I would be available for questions and support at 5 hours per month for the first season under new ownership. This can be negotiated as part of the sale of the business.
    • Domain

    • Product photos

      We have a huge supply of product photography (both product catalog shots and in-situ outdoors shots) that we can supply either via Google drive or a hard drive shipped to the buyer.
    • Social media

      Total followers2,000subscribers
    • Suppliers

      We have relationships with most major camping equipment suppliers, thus securing premium wholesale pricing for the new gear we buy every season. We will make email introductions to all supplies we purchases from last year (2020).
    • Mailing List

      4,000subscribers

    Seller‘s Advice

    How to grow this business

    Me and the leadership team have a detailed growth plan that would be provided to the new owner. This playbook shares our strategy for growing the business over the next five years including scaling up core rental business, curated adventures (we have full turn-key PNW itineraries ready to go), branded equipment, a food line, and so on.

    Skills to have

    A passion for the outdoors is pretty important to running this business. Customers trust Xscape Pod as an outfitter because of the deep knowledge me and the leadership team have in camping, backpacking and experience in outdoor sports in general. A passion for the outdoors is to this business as a passion for cars is to the owner of an auto repair shop. Beyond that, an interested in entrepreneurship or other experience in business functions like finance, marketing and operations would be a plus as those skills will serve you well ingrowing a business.

    Share

    NP
    Nicholas P.Current store owner
    I'm Nic, the owner of Xscape Pod. I founded the business in May of 2017 in Portland, Oregon. I'm a 15 year advertising veteran was a passion for camping. I started this business to help those less experienced with camping have a way to experience the great outdoors.

    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
    Learn more

    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.