Venture Age
4/2020
London, City of, United Kingdom Ecommerce Sports and Outdoor
Stage of development
Coding
Cash Invested
Employees
Profit
1 - 6 months
£4,001 - £5,000
0
An online-only store specialising in Electric Bikes, dropshipping model (no inventory stored), shop built on Shopify platform.
Established relationship with 8 suppliers (including exclusivity to sell in the UK by one supplier from The Netherlands).
The Store is live and has been making sales, it needs further investment in advertising (google ads & SEO) and website optimisation. The store has great potential if/ when the new owner would be also willing to open an actual, physical store. There are a large number of unique produces from all over Europe, but mostly the bike-friendly countries who have expressed interest in working together once the store is not online-only.
In terms of the business model and unique offering (which can be discussed with the new owner), the business is VAT registered and has partner up with an electric bike insurance provider (commission based) and two of the biggest UK Government-backed Cycle Schemes.
All products are listed in the store, including their descriptions, specifications and pictures.
Claimed revenue, costs and profit/(loss) for the last three years (verified with financial statements prepared by accountant):
| Year End | Revenue | Costs | Profit/Loss |
| 2020 | £0 | £0 | £0 |
Claimed revenue, costs and profit/(loss) for the last 12 months (verified with financial statements prepared by accountant):
| Month/Year | Revenue | Costs | Profit/Loss |
| 2020 | £0 | £0 | £0 |
Seller’s Q&A
Private Sale
Indicative price
£20,000
74 days left
2.5% of sale proceeds