TVSC

Why this business was started

Years of experience in the industry in both retail and wholesale capacities. I had an idea for a business to bring together UK bases board sports brands in one space. Once it grew to a certain level I went full time with the business and added complimentary international brands to the portfolio

The reason of selling this business

I feel the business could do with investment to take it onto the next level, something that will take me several years to achieve without taking large risks on business loans etc.

What’s involved in running this business

Fulfilling orders, ordering from suppliers, advertising, shop standards, employee management (including training and rota’s), updating website.

This business was founded: almost 8 years ago
Time to run this business: approximately 70 hours per week
Category:

Description

General description

The Vines Supply Company is an independent skate and surf lifestyle store located in Solihull. We sell a curated collection of the finest international brands including Polar Skate Co, HUF, Brixton, Magenta, Deus, Adidas, Levi’s, Stance and Nixon. We offer free delivery options and free, easy returns and pride ourselves on our friendly, helpful customer service.

Why should someone buy this store?

The Vines is a collection of the worlds best skate and surf product brought together in one place. Working as exclusive suppliers to the Solihull area we supply an extensive, handpicked collection of clothing, accessories and hardware. A skateboard shop near birmingham in the town centre of Solihull, The Vines is easily accessible from Birmingham, Coventry, Warwick, Leamington and Kenilworth.

How can the future owner improve the business?

Investing in stock and advertising. Dedicated team for online PPC and SEO.

What work have you put into the store?

7 years online building store and social media presence and opening of first physical retail location.

TRAFFIC AND PERFORMANCE

  • Avg. revenue /month
    $8,347

    Verified

  • Avg. sessions /month3,409Verified
  • Avg. profit /month
    $4,000
  • Inventory value
    $70,000
  • Profit Margin33%
  • Avg. sales /month800
Other details about profit: Revenues are increasing massively month on month.

Last 7 years revenue

  • $751,187
2016201720182019202020212022-10k010k20k30k40k50k
Revenue data comes directly from Shopify and cannot be edited by the seller

Last 7 years traffic

  • 306,843Visits
201620172018201920202021202202k4k6k8k10k
Traffic data comes directly from Shopify and cannot be edited by the seller

EXPENSES

  • Shopify plan
    $79

    /month

  • Inventory warehouse
    $50

    /month

  • Retail space rental
    $1,200

    /month

  • Employees
    $600

    /month

  • Domain
    $20

    /year

  • Codisto
    $59

    /month

  • Google
    $1,000

    /month

SALE INCLUDES

  • Physical inventory

  • Logo and branding assets

    Dropbox for all markleting assets

  • Personal support after sale

    An ongoing consultation regarding overall business direction. length to be negotiated. Buying help for forward orders, branding and marketing.

  • Domain

  • Product photos

    Shopify has all product images stored

  • Social media

    Total followers10,000subscribers
  • Suppliers

  • Mailing List

    4,500subscribers

SELLER‘S ADVICE

How to grow this business

Increase inventory, increase brand portfolio, open further retail locations, invest in further marketing activity.

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Verified listing data

The revenue and traffic data that you see on each listing is pulled directly from its Shopify account. This means that the data has been verified. Exchange reviews and monitors listings for thorough and accurate information.

Take time to inspect the business

Once you submit payment to Unitedwebpoints.com and the payment has been secured, the funds are held until you confirm that all assets received are as negotiated. You can use the inspection period to ask the seller any extra questions about the business.

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Safe store transfer

When the transaction is finalized, the dedicated migration team at Unitedwebpoints will begin the process of making you the new owner of the store. Buyers and sellers will be notified via an email from the Unitedwebpoints team once store transfers have been completed.

Encrypted payment capture

Unitedwebpoints.com have partnered together to provide you with safe transactions that have bank encryption, making sure that payment is securely captured. Escrow.com ensures that its users pass verification checks before transactions can proceed.

Post-purchase 24/7 support

Once you log into your account for the first time and choose a subscription plan, Shopify Support Gurus are available 24/7 to help you with the settings of the store.

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