Flippa
FOR SALE
Business Name

Vogue Cycling

Business Model
e-Commerce
Industry
Sports and Outdoor

$50,000

Asking Price
Multiple 0.9x

+ $20,000 Inventory

Vogue cycling is an international cycling online shop sells in 10 different countries with a million dollars of sales.
This business owner has manually entered their financials
This business owner has connected their site traffic with Google Analytics

Facts and Figures

Location
Australia
Date of Founding
2017
Full-Time Staff
-
Annual Revenue
$112,693
Annual Expenses
$60,000
Annual Net Profit
$52,693
Evidence of Revenue
Note: Where the business is less than 12 months old the annualized data represents total sales for the period of operation.

Recent Performance

Month January 2019 February 2019 March 2019 April 2019 May 2019 June 2019 July 2019 August 2019 September 2019 October 2019 November 2019 December 2019
Revenue $10,866 $7,086 $15,756 $18,018 $12,932 $14,222 $15,875 $5,083 $4,101 $2,145 $3,354 $3,253
Expenses $4,000 $3,500 $7,000 $10,000 $6,000 $7,000 $7,000 $3,000 $2,000 $1,000 $1,500 $1,000
Net Profit $6,866 $3,586 $8,756 $8,018 $6,932 $7,222 $8,875 $2,083 $2,101 $1,145 $1,854 $2,253
Month Pageviews Users
December 2019 15,685 3,273
November 2019 11,125 1,860
October 2019 8,194 1,353
September 2019 29,957 5,013
August 2019 15,125 1,987
July 2019 84,852 11,918
June 2019 68,583 9,025
May 2019 63,283 9,368
April 2019 105,813 15,149
March 2019 99,548 13,819
February 2019 41,400 6,053
January 2019 48,548 6,921

Note: Traffic data was provided on 20 January 2020. Enquire for more recent data.

Business Description

I started the business as I really enjoyed cycling. But cycling can be expensive for alot of people so I made a store where people can enjoy cycling at an affordable price with high-quality clothing as the long term goal. The business started off small and started to pick up momentum and I had to bring on staff due to the volume of sales. All that needs to be done now is to take it to the next level. The cycling industry is a 1$4 Billion a year industry. This store has massive potential to do 7 figures year on year.

How does your business make money?

Through online via piad ads.
- Facebook ads,
- SEO
- Email Marketing
- Social Media

Why are you selling this business?

I'm looking to sell this business to fund another start up SAAS business around the Ecomm business world.

Inventory

Units
10,000
Value
$20,000

Assets

  • Brand assets
  • Custom technology
  • Domains
  • Existing manufacturing relationships
  • Inventory on hand or on order at the time of closing
  • Marketing materials and collateral
  • Policy and Process documents
  • Registered trademarks
  • Relevant email accounts
  • Social media accounts
  • Vendor contacts
  • e-Commerce platform accounts

Social Media

Facebook
14K followers
Instagram
2.7K followers

Post sale support

This is support provided by the seller when transitioning the business to a buyer.

Included

About the Seller

Michael Hickson

Verified Account

Australia

A little bit of background on me. By trade I'm a Chartered Accountant with 5 years of experience. Moving on from there went over to a Start up SAAS company called Xero and headed up the sales team for 4 years. I have a passion for eCommerce and SAAS products and currently heavily focused on the Clothing Ecomm industry 

Contact