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Ecommerce Startup Italy
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Specialized handcrafted bikes for cycling enthusiasts

Supporting files (1)
Asking Price
$95k
Multiples
4.0x profit
The asking price divided by TTM net profit.
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1.7x revenue
The asking price divided by TTM gross revenue.
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Annual Growth Rate
+0%
TTM Revenue
$57.3k
Profit
$23.7k
Last Month's Revenue
$4k
Profit
$1.7k

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Italy

Specialized handcrafted bikes for cycling enthusiasts

This company offers specialized, handcrafted bicycles with a focus on fixed-gear, electric, and urban-style models catering to the discerning cyclist looking for quality Italian craftsmanship and European delivery options
Asking Price
$95k
Multiples
4.0x profit
The asking price divided by TTM net profit.
Learn more about multiples
1.7x revenue
The asking price divided by TTM gross revenue.
Learn more about multiples
Asking Price Reasoning
Based on industry-standard multiples we have found that our asking price is both competitive and fair
Recent performance
TTM Revenue
Trailing twelve month (TTM) gross revenue.
$57.3k last 12 months gross revenue
TTM Profit
Trailing twelve month (TTM) net profit.
$23.7k last 12 months net profit
Last Months Revenue
Total gross revenue last month.
$4k last month gross revenue
Last Months Profit
Total net profit last month.
$1.7k last month net profit
Customer metrics
Product Manufactured
The country where the product is manufactured.
-
Annual Growth Rate
The percentage change in revenue over the last 12 months compared to the previous 12 months.
+0% Annual Growth Rate
Customers
Total unique customers who have made a purchase.
1,000-5,000 Customers
Number of SKUs
The number of product variations you sell.
- SKUs
Total Value of Inventory
The combined retail value of all ready to sell inventory on hand.
- Total Value of Inventory
Company overview
Date Founded
January 2012
Team Size
Small (2-20)
Business Model
  • Ecommerce
  • Business-to-consumer (B2C)
B2C. The customers buy daily the bicycles via the multilingual website A very small part of the business comes from amazon (as amazon seller central). This size is close to 1% of the business and it is very small because I never took care of it.
Tech Stack
  • Wordpress
  • Woocommerce
  • Velo
  • WPML
The website is custom designed using WP (theme Velo) . The main plugins are Woo-commerce and WPML.
Growth Opportunities
  • Social media marketing
  • Increase pricing
  • Improve conversion rates
  • Increase digital marketing
  • New product features
  • Expand to new markets
Currently, the revenues of this business are solely due to a bit of SEO and the positioning of the website pages on Google. As I believe in this way, if I were to keep this business, I would: 1) ADD MORE LANGUAGES. Currently the languages available are Italian and German and French. The big opportunity is to add English, Spanish, Dutch and then other European languages. Why so many European languages? Don't European customers know English? They know English, but they search in their own language and the pages they find are those in the SERP of their language. I am using a very simple and effective long tail strategy that allows some new pages produced for a new language, to rank in the first google page in 2-4 weeks. This strategy will be disclosed as a part of the sale of the business. 2) ADD MORE WEB SITE PAGES FOR THE EXISTING LANGUAGES. The objective is to rank in the first google page for a high number of searches. 3) ENTER NEW SEGMENTS OF THE BICYCLE MARKET, WHILE KEEPING THE BUSINESS SIMPLE. I mean add just a couple of sku's for each new segment. My current third parties can produce every kind of bicycle. 4) EXPLOIT THE OPPORTUNITY OF ZEHUS ELECTRIC ENGINE IN ORDER TO SELL E-BIKES THAT LOOKS ANDWEIGHT LIKE A TRADITIONAL BIKE. I have started this activity and it is really successull. But I went out of stock a lot some months ago and, as I am not focussed anymore on this. business, I have not ordered more Zehus engines toproduce more e-bikes. 5) EXPLOIT THE OPPORTUNITY OF THE HUGE US MARKET The opportunity to sell "special bicycles handcraft in Italy" in US is really huge. It implies to establish an additional warehousing in US. I do not like to work using web-marketing, FB, CRM, etc., so I didn't. That said, I think that it is an area where there are huge unexploited opportunities.
Competitors
  • Other Cycling Stores
Key Assets
  • Domain
  • Social media accounts
  • Trademarks
  • content
Acquisition details
Selling Reasoning
  • Financial gain
Financing
  • Bootstrapped

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