Flippa
FOR SALE
Business Name

Motorvention

Business Model
e-Commerce
Industry
Automotive

$4,500

Asking Price
Multiple 2.2x
Motorvention is an online automotive retail store. It is focused on selling performance parts for car lovers.
This business owner has manually entered their financials
This business owner has connected their site traffic with Google Analytics

Facts and Figures

Location
United Kingdom
Date of Founding
2019
Full-Time Staff
-
Annual Revenue
$2,603
Annual Expenses
$600
Annual Net Profit
$2,003
Profit and Loss
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 December 2019 January 2020
Revenue $0 $655
Expenses $200 $400
Net Profit -$200 $255
Month Pageviews Users
January 2020 1,689 681
December 2019 2,231 593
November 2019 258 61
October 2019 187 45
September 2019 0 0
August 2019 0 0
July 2019 0 0
June 2019 0 0
May 2019 0 0
April 2019 0 0
March 2019 0 0
February 2019 0 0

Note: Traffic data was provided on 13 February 2020. Enquire for more recent data.

Business Description

Motorvention started in October 2019. The business concept relies on selling high ticket car parts on a Shopify store. The customer base are car enthusiasts in the UK and further afield in Europe. It has over 45,000 products listed on the store with 10,000 of them currently active for sales. (This is for a reason which will be explained below). The types of products on the store range from high quality exhaust systems to performance intercoolers to clutches etc. All products are manufactured by major brand names in the motorsport niche that are sought after by communities of car enthusiasts and vehicle tuners.

Motorvention has an active facebook page of over 3000 likes and a community of over 750 engaging followers on instagram.

It is currently in its early stages since making its appearance in November 2019 and recently it has started to scale with more sales showing great potential to grow exponentially.

How does your business make money?

The business sells it products by using the high ticket drop shipping method. The business generates money by advertising its products mainly on Google shopping and other platforms such as Bing. The website doesnt actually hold any physical products, as with drop shipping it is a business method relies on using suppliers to send the products to customers. Once a sale has been made, the products are purchased from the supplier for a whole sale price with the customers name address given for delivery. The business then makes a profit from the difference in price between the price it is advertised for and the price the product can be bought for from a supplier. The profit margin of each product is mostly from 20-30% and some at 10% to 15%.

If you are not familiar with the drop shipping method it would not take long to learn and I would be happy to explain further.

Why are you selling this business?

I am selling Motorvention as I don't currently have enough time to dedicate to keep developing it. It has been a pleasure to build over the last few months to witness it starting to generate its first sales and profit. It is in its growth phase with a bright future ahead of it with the right owner.

Assets

  • Contracts (written or verbal) with customers and suppliers
  • Customer databases
  • Domains
  • Existing manufacturing relationships
  • Social media accounts
  • Toll-free numbers
  • Vendor contacts
  • e-Commerce platform accounts
  • Google Adwords

Social Media

Facebook
3.3K followers
Twitter
0 followers
Instagram
750 followers

Post sale support

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

Included

About the Seller

Daniel Wall

Verified Account

United Kingdom

Hi Im Danny, 28 years old from Wales, UK.

I enjoy playing the drums, cars and trying few foods.
I enjoy learning about e-commerce and designing online stores.

Contact