eCommerce
listed by broker
Sports, Home and Garden
Full
Desired valuation:
$175K
Description
A thriving e-commerce venture that seamlessly marries utility with aesthetics, catering to a global cycling market. The wall mount system revolutionizes bike storage with its practical and space-efficient design. By ensuring bikes are closely mounted to the wall without occupying any floor space, it optimally utilizes vertical space, allowing for the stacking of multiple bikes. This is especially beneficial for compact garages where space is at a premium. Not only does it make room for vehicles, but it also facilitates easy movement underneath. Furthermore, its sleek, minimalistic design transforms bikes into wall art, a feature that resonates deeply with our passionate cycling enthusiasts.
Q3 (sales $126K, $38K profit) 29% profit margin
Featured metrics
Q3 (sales $126K, $38K profit) 29% profit margin
Selling details
Type of shares
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Reason for selling
I seek an exit to move onto other projects
Preferred acquirer
Acquirer with cash and experince in e-commerce
Aspirations & growth opportunities
There is growth opportunity in new markets like Europe and Canada, and larger inventory order will allow the new owner to scale, as this has been a limiting factor for me.
Business details
Business model
Customers
11K plus customers (Bicycle owners)
Competition
DaHanger, SteadyRack and StasDock
Operational details
Technology stack
Marketing spend
$85K on paid marketing (Meta ads)
Performance tracking tools
Financial details
Ownership structure
Last month's revenue
Last month's profit
Financial records
Annual P&L summary reports, Online reporting software/tools