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SELLER GUIDE
0 Comments
760
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6 Watchers
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Ecommerce Store

Currency:

Ecommerce Store | Electronics

Verified Listing
$422K revenue, $85K profit, 20% margin, NYC-based micromobility brand with dual revenue streams ~ ready to scale nationwide with 40% profit share
Business Location
Site Age
5 years
Monthly Profit
USD $7,067 /mo
Profit Margin
20%
Profit Multiple
4.7x
Revenue Multiple
0.9x
Asking Price (Classified)
USD $399,995

Includes USD $24,999 of inventory

About the Business

The company under discussion, referred to anonymously, focuses on providing urban mobility solutions geared towards commuters and enthusiasts. It has its flagship operations based in a major U.S. city, with plans for expansion to other cities, including locations in Texas, Florida, and the West Coast. Operating as both an e-commerce and retail hybrid, the company is tapping into the burgeoning U.S. micromobility market, driven by a need for eco-friendly commuting options. It positions itself against notable competitors within the industry. Financially, the company has shown promising revenue growth, reporting $350K year-to-date with projections of surpassing $400K. It sustains a profit model comprising e-commerce and a 15% contribution from retail partnerships. With expenses currently accounting for about 75% of gross revenue, the company aims for significant growth with a revenue target of $10 million by 2029. The company's expansion strategy includes establishing operations in additional urban locations, enhancing marketing efforts through SEO and social media influencer partnerships, and hiring the necessary staff. The investment ask stands at $5 million, categorized primarily for inventory management, marketing, new store construction, staffing, and working capital. This is aimed at achieving scalability and rolling out a national chain. The company's vision is to become a leading brand in e-scooter retail across major U.S. metropolitan areas, striving to set the standard for omnichannel presence in the micromobility sector.
Asking Price (Classified)
USD $399,995

Includes USD $24,999 of inventory

Vetted + Data Verified Listing

This quality listing has been vetted by the Flippa team or the broker to ensure accuracy of the information provided.

Our vetting team has reviewed this listing and verified:

  • Revenue
  • Primary Expenses
  • Traffic

The seller has also connected the following data integrations:

  1. Paypal

About the seller
United States
1. Company Overview Brand name & logo (SpeedwayRidersNYC) Mission: bringing urban... Read more
Verification Complete
Email address
Phone number
Government ID
Payment Methods
Escrow.com
FlippaPay
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0 Comments
760
Views
6 Watchers

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