Flippa
FOR SALE
Business Name

More4Motion

Business Model
e-Commerce
Industry
Electronics

$600,000

Asking Price
Multiple 1.6x

+ $30,000 Inventory

Since 2016, More4Motion (M4M) has designed, manufactured & distributed spare parts & its “M4M" branded accessories for Ninebot & Segway products, selling via website & Amazon FBA.
This business owner has manually entered their financials
This business owner has connected their site traffic with Google Analytics

Facts and Figures

Location
United States
Date of Founding
2016
Full-Time Staff
Owner Operated
Annual Revenue
$804,072
Annual Expenses
$420,000
Annual Net Profit
$384,072
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 April 2019 May 2019 June 2019
Revenue $67,000 $30,700 $45,874
Expenses $30,500 $15,050 $25,900
Net Profit $36,500 $15,650 $19,974
Month April 2019 May 2019 June 2019
Pageviews 30,171 33,164 13,757
Users 6,443 7,720 3,486

Note: Traffic data was provided on June 14, 2019. Enquire for more recent data.

Business Description

The M4M brand is well-recognised among electronic scooter owners. M4M imports and distributes spare parts and designs and manufactures branded M4M accessories for Segway and Ninebot electronic scooters. We sell spare parts and accessories using Amazon FBA but also on our website https://www.more4motion.com whereby orders are fulfilled automatically from our professional fulfilment warehouse in Richmond, Virginia using a Shopify integration. 30-40% of revenue is derived from Amazon. We get high profit margins due to large purchasing power. Our peak period is November and December in the lead up to Christmas.
You can learn more about More4Motion here:
https://www.youtube.com/channel/UCpGRa7bQviQiVQpFW0Zryaw
https://www.facebook.com/more4motion/

How does your business make money?

We make money from product sales on Amazon, our website and our dealer network in the US and Canada.

Why should someone buy this business?

This is an ideal acquisition for a buyer interested in growing and developing a brand in the electric transportation industry. Most of our traffic is generated organically as the market is niche and M4M is known in the industry. This business is 4-years old and its operations are well-established. Our customer based is loyal and engaged. We have a network of dealers in the US and Canada. We have 15,000 on our database and have only performed ad-hoc email marketing in recent years. We have experimented with Google Shopping but have done little paid advertising to date, aside from advertising through Amazon. We have a very high, first page organic ranking on Google for the keywords ’Segway accessories’ and ’Segway Parts.’

How can the future owner improve this business?

The future owner can improve the business in a number of ways. Firstly, the future owner could expand the product range by adding new parts and accessories. They could also invest in Instagram and Facebook marketing and advertising.

Why are you selling this business?

We have other business commitments that start to take more time. M4M deserves an owner that can focus on this business. The hardest part is done: brand is well-recognised and business processes are in place. New owner may simply focus on fun part - development of new products. New owner will still have cash flow safety from the high margin M4M branded products.

Business Strengths

  • Key Words Ranking
  • Brand and Community Loyalty
  • High Barrier of Entry to Market
  • High Profit Margins
  • Lots of Repeat Customers

Opportunities for a new owner

  • Launch New Products
  • Start Selling into New Markets
  • Improve Current Marketing Efforts

Key day-to-day operations

  • Customer Support / Service
  • Supplier Relationship Management

Marketing

  • Email Marketing
  • Google Adwords
  • Word of Mouth

Inventory

Units
1,500
Value
$30,000

Assets

  • Brand assets
  • Contracts (written or verbal) with customers and suppliers
  • Customer databases
  • Domains
  • Existing manufacturing relationships
  • Hosting accounts
  • Registered trademarks
  • Social media accounts
  • Website files, source code and content
  • e-Commerce platform accounts

Social Media

Facebook
4.5K followers

Post sale support

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

Included

About the Seller

Alexey Khripunov

Verified Account

United States

MBA in Finance from the George Washington University in Washington DC. Use to work for Deloitte, KMPG and Price Waterhouse before starting ecommerce development business. Speak English, Spanish, Latvia and Russian.
I love ecommerce businesses and I am very proud of M4M project. Will be glad to support new owner to make sure M4M grows and continue to be a brand recognized in the growing industry.

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