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- RE: SBA Pre-Qualified ECommerce Brand | Online Bicycle
- Contact: Ron Matheson
Quick Facts
Asking Price: | $800,000 | |
Annual Revenue: | $984,922 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $263,415 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2011 | |
Employees: | 2 | |
BBN Listing #: | 980286 | |
Broker Reference #: | WC 3514 |
Business Overview:
Website Closers® presents an SBA Pre-Qualified eCommerce Brand that has raced into the hearts of the BMX community. Founded in 2012, the brand successfully differentiated themselves in the market through their focus on mountain bikes, access to hard to acquire BMX parts and mountain bike brands, and sponsorships with popular BMX riders.
They have an AOV of $200, an impressive 60% Repeat Customer Rate, and over 20,000 subscribers in their email database. As their products sell themselves, their marketing campaign is highly organic, consisting of SEO tactics and daily posts to their social media platforms.
As an SBA Pre-Qualified transaction, we have presented the company’s historical financials to our lending partners who have reviewed and approved the company for pre-qualification. What this means for a buyer is (a) another set of eyes reviewing the company’s performance, (b) the opportunity to acquire this business for as little as 10% down, (c) a 10 year amortization period on the SBA Loan, and (d), an increased likelihood of a faster return on investment due to the longer amortization period.
The company has over 50,000 followers on their Instagram account, 5,000 targeted friends on Facebook, over 1,000 subscribers on YouTube, and a rapidly growing TikTok account that the right buyer could nurture for strong results.
Here are some of the brand’s notable KPIs:
• Business Pre-Qualified for 90% SBA Financing
• 13-Year-Old Brand
• Approximately $100,000 in Inventory Will Be Included
• 90% Online Sales
• Several Hard to Acquire Accounts for BMX Parts and Bike Brands
• Strong Focus on Mountain Bike Niche
• AOV of $200
• 60% Repeat Customer Rate
• 20,000+ Email Subscribers
• Potential for 100% DropShipping
The company generates 90% of their sales through eBay, Facebook Marketplace, and their own website, with the rest stemming from their retail location. 100% of the products sold on their website can be DropShipped from about 20 different supply houses in the US, streamlining their operations.
Current ownership spends 15 to 20 hours per week handling the brand's marketing, updating products on the website, and managing order fulfillment.
While the ideal buyer would have DropShipping experience, the seller expects it would be very easy to learn the process of quickly fulfilling orders via DropShip. The entire business can also be run remotely, giving a buyer the freedom to work wherever they please.
Contact Website Closers today if you’re interested in taking this deal down the road to success.
WC 3514
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Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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