Facts and Figures
The Company’s main business activity is the sale of automotive related merchandise. First year revenues of the Company exceeded $110,000. The business is easy to scale and operates with a 52% average profit margin. The Brand has more than 140,000 social media followers. Turborgasm is rapidly and continuously growing on Instagram and Facebook which are the Brand’s biggest sales channels. Its advertising expenses (due to in-house marketing) makes the Company very competitive and cheap to operate. The website is very easy to use, and has 20,290 monthly visitors on average. The Brand’s regular wholesale customers include Carthrottle, AquaTint Auto Detailing, and Posh Automotive Group.● first year revenues exceeded $110,000
● more than 140,000 social media followers
● 52% average profit margin
● suppliers are open to continue business with the future owner
● low maintenance
● huge growth potential
The Company has two main suppliers of products (one in Europe and one in China). The Brand has a very good relationship with its suppliers who are open to continue business with the new owner. Suppliers are dispatching orders, managing orders and packaging the products. They are open to fulfill the requests of the new owner. 95% of the orders are dispatched from China
Average order value of the Website was $25.19 in 2017. In the first year, the Company had 296,818 visitors on its website (64,250 from the United states). The majority of visitors came from the Brand’s social media accounts, accounted for 65,25% of total visits. 99% of all transactions are B2C (business to customer).
- First year revenues exceeded $110,000
- More than 140,000 social media followers
- 52% average profit margin
- Suppliers are open to continue business with the future owner
- Low maintenance
- Huge growth potential
What is included in the sale?
The Brand’s website, social media accounts (53,200 followers on Instagram and 89,400 followers on Facebook), email subscribers (5,000+) and marketing contents (product photos and brand logos) are all included in the purchase price.
What is required to keep the business operational?
Uploading new content to social media and new products to the website.
Why are you selling the business?
A new business has been launched which requires more attention.
How does the business generate revenue?
The business generates revenue through the sale of automotive related marchandise advertised on social media.
Are there any expenses for the business? If so, what are they?
Web developer ($30/month), shopify apps ($35/month). Turborgasm can keep its advertising expenses very low since the majority of its marketing operations are conducted on the Brand’s own social media sites. This makes the Company really competitive.
- Marketing Materials
- Email Subscribers
- Social Media Accounts
Post sale support
This is support provided by the seller when transitioning the business to a buyer.
About the Seller
George resides in Europe and has over 6 years of experience in e-commerce and online marketing.