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Asking Price : $95,000

Annual Gross Revenue : $580,068

Annual Net Profit : $107,712

Profit Multiple : x0.88

Inventory Value: $50,000

R-Index : 365

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From the Broker

We are an e-Commerce business selling affordable and stylish electric bikes. Launched in 2015, the business has earned an average $8,976 profit/month and has an email list of 30k+ Subscribers. The sale comes with $50,000+ worth of inventory (electric bikes).

The business has done over $1,740,000 in sales between March 2016 and April 2018. In May of 2018, the owners of the business had an unsolvable dispute in their partnership and therefore paused all advertising until a resolution could be formed. Unfortunately, no resolution came about and the business now must be sold. Fortunately, the business can be up and running and generating sales in a matter of hours. Firstly, there is a list of customers who have subscribed to be notified when they can make a purchase again on the website. Secondly, Google AdWords and Facebook Ads can be un-paused in a matter of minutes, which drive daily sales through the website.

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Listed By

Sale Pending: No

First Seen: Fri, Feb 15th 2019

Last Updated: Fri, Mar 8th 2019

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