Since April 2021, the business has achieved $500,000 in revenue. It collaborates with 12 premium suppliers and benefits from exclusive discounts on best-selling products due to strong supplier relationships. The business experiences seasonality, with peak operations from March to September, generating about $40,000 in monthly revenue and serving roughly 20 customers per month during busy periods. Operations are efficient, requiring approximately 8 hours of work per week, with tasks focused on order placement and tracking, assisted by automations using tools like Zapier and Trello.
Customer acquisition primarily occurs through advertising on major search platforms, with a significant portion of customers purchasing products for both personal use and as gifts. The nature of the fun, outdoor, and summer-oriented products also drives a high rate of referrals. Financial performance is robust during peak months but slows between October and February. Adjustments in marketing strategies, such as reducing ad spend during off-season months, have been made to optimize performance.
The business holds promising potential within the burgeoning electric bike market. There is considerable opportunity for growth through enhanced efforts in search engine optimization (SEO), content creation, and email marketing, though current focus is divided with other ventures. The foundations are set for substantial expansion if more resources can be dedicated to these marketing avenues.
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Before making an offer
1. Look for verified sellers. Sellers should verify their email, phone, and government ID. When a seller has completed all verifications, we identify them with a checkmark like this:
2. Review financials. Financials are seller-provided inputs. Always ask for verified financials. Ask for a tax return or request access to their dashboard. if it’s an ecommerce store get a transaction report.
3. Review traffic. Sellers can grant you access to Google Analytics. Ask for read-only access to verify site traffic.
4. Schedule a call. Communication is key. The best way to find out more is to speak directly with the seller. For your protection, keep all communication within Flippa.
5. Make the offer on Flippa. We’re here to help. Flippa does not charge buyers and by making an offer on Flippa you’ll get access to our post-sales support team.
1. Agreements & Contracts.
Connect with a US-based lawyer or purchase asset-specific template legal documents via Flippa Legal.
2. Conduct Due Diligence.
You can conduct this yourself or use our trusted network of industry-leading due diligence partners. They can provide in-depth analysis, identify hidden risks, and independently assess the value of the business. Learn More