eScooter & eRides eCom Business

Rocky Hill, CT
Hartford County

Asking Price: Annual Revenue:
$500,000 $912,441

Technology: Software

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RE: eScooter & eRides eCom Business Broker: Eric Owens
Owner Financing is Available!

Quick Facts

Asking Price: $500,000
Annual Revenue: $912,441
Net Profit: $117,973
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2019
Employees: Not Disclosed
BBN Listing #: 788332664
Broker Reference #: 208631

Email or Print Listing

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Business Overview:

Available for acquisition is one of the USA’s leading online retailers of electric scooters, electric bikes and other electric rides. They deliver a premier range of light electric vehicles (LEVs) from the leading e-mobility manufacturers like Razor and Segway to a growing nationwide customer base. All while making a positive impact on the environment and the way that people travel around towns and cities.

Because of the owner’s passion for game-changing technology that improves lives, he founded the business three years ago and started marketing the website in April 2020. In only 21 months of trading, the business generated over $1.1MM in revenue and has done an amazing job at carrying out its mission: making electric scooters, electric bikes and electric rides the future of transportation and a fun experience for every age group.

Since launching paid online ads, the average Return on Ad Spend (ROAS) has been excellent: 13X ROAS on Google and 36X ROAS on Microsoft. Meaning that for every dollar invested on Google ads, the website generates $13 back in revenue and a $36 return for every dollar spent on Microsoft ads.

The biggest barrier to entry / start up challenge was onboarding the best manufacturers in the e-mobility sector. As an authorized retailer for top brands, the new owner will not have to take the two+ years it took to get these relationships in place. What's more, recently there have been increasing barriers to entry with manufacturers enhancing their online partner vetting process. Because this business has a proven track record, the website has a clear advantage in terms of establishing future supplier relationships.

With multiple key supplier relationships already secured, the website is an e-rides portal that is primed for rapid vertical growth in the months and years to come.

Highlights & Key Assets:

o  Existing contracts with e-mobility suppliers - comprised of some of the best known brands in this space
o  $683 AOV
o  Website, logo and favicon
o  Copyright Certification from United States Copyright Office
o  Email list of 9,715 customers and growing
o  Product photos
o  Integrated Google Merchant Center
o  Integrated Google Ads and Google Datastudio
o  Integrated Google Console
o  Integrated Microsoft Ads
o  Facebook and Instagram Business Manager
o  Google domain authority
o  Optimized SEO copy throughout the site for organic ranking purposes
o  Built-in customer support phone center (with existing script)
o  Trading history
o  Pipeline of new suppliers (new brands to onboard that will increase breadth and depth of inventory)
o  Integrated Shopify apps
o  Email capture / popup with automated email welcome series
o  Social media followers: 1,150
o  Repeat B2B customers that have placed bulk orders (big growth area for new owner to target new businesses)
o  Integrated Extended Warranty Program
o  Automated PO's - built a private app specifically for Razor orders and the potential to automate PO's to other suppliers using app called Simple PO
o  Good reputation in the e-mobility space - enables the onboarding of more top-quality e-mobility brands and the ability to capture new orders from both consumers and businesses
o  Blog (with history of 27 historical blog posts)
o  Owner's transfer of knowledge for 3 months post-sale
o  Second brand/website included with all associated assets and accounts.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Pursuing a different venture

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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