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Ecommerce Startup Lithuania
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Electric bikes and accessories dropshipping e-shop, brand name domain

P&L Documents (3)
Asking Price
$59k
Multiples
2.1x profit 0.3x revenue
Annual Growth Rate
+30%
TTM Revenue
$171.9k
Profit
$27.9k
Last Month's Revenue
$18.7k
Profit
$3.1k

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Lithuania

Electric bikes and accessories dropshipping e-shop, brand name domain

Due to health problems, I am unable to manage and run the business 100%. A business with great potential! Launched in September 2023, it has already sold for over €100k with a minimum investment of €30/month in advertising (is running without advertising this year.). Net profit of more than 20k €. Domain name of a well-known manufacturer of electric bicycles, use coordinated with the manufacturer. Highlights: - Known manufacturer's brand (official). - High traffic without additional advertising. - High growth potential, steady income with virtually nothing to do. - High potential for expansion (range of spare parts can be offered, EU only for now, market expansion to USA possible) Unique and the biggest difference from other vendors, the domain name and the agreement with the manufacturer to use their name. 1-2 hours per day (checking stock levels, placing orders and responding to emails from customers).The webshop runs in a Wordpress + WooCommerce environment. Or you can build a team and grow your business - the untapped potential of social networks, etc. Can be easaly moved to Shopify. No additional platforms are used for hosting and advertising laundry (with the possibility to expand and grow). Domain, website files and knowledge for sale. If you don't like the price, make an offer. Frankly, I want to sell soon - depression and other health problems leave me with no strength to develop my business.
Asking Price
$59k
Multiples
2.1x profit 0.3x revenue
The asking price divided by TTM net profit and TTM gross revenue.
Learn more about multiples
Asking Price Reasoning
Based on Acquire's recommendations, existing profits and potential for growth 📈
Recent performance
TTM Revenue
Trailing twelve month (TTM) gross revenue.
$171.9k last 12 months gross revenue
TTM Profit
Trailing twelve month (TTM) net profit.
$27.9k last 12 months net profit
Last Months Revenue
Total gross revenue last month.
$18.7k last month gross revenue
Last Months Profit
Total net profit last month.
$3.1k 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.
+30% Annual Growth Rate
Customers
Total unique customers who have made a purchase.
10-50 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
Web traffic by Google Analytics
Company overview
Date Founded
September 2023
Team Size
Just me (1)
Business Model
  • Ecommerce
  • Dropshipping
It's based on the dropshipping principle - just 1-2 hours a day or any.
Tech Stack
  • Wordpress
Wordpress + WooCommerce
Growth Opportunities
  • Improve conversion rates
  • Expand to new markets
  • Social media marketing
  • Increase content marketing
  • Hire a sales team
  • Focus on SEO
  • New product features
There are a significant number of abandoned baskets. Offering more payment options (including instalments) is likely to increase sales by 1.5x.
Competitors
  • Other electric bikes shop
Key Assets
  • Website
  • Social media accounts
  • Domain
  • Customers
  • Codebase
Acquisition details
Selling Reasoning
  • Retirement
  • Partner or family needs
  • Health reasons
Too many projects, it's hard to manage them all. Main activities - WEB solutions and programming.
Financing
  • Bootstrapped
Bootstrapped

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