FOR SALE
23/12/23
604321
GO2331 / Rightbiz
eSupreme
OVERVIEW
eSupreme is a leading online retailer exclusively focused on providing top-quality products and services for biking enthusiasts. The business was founded with a deep passion for biking and a commitment to offering the finest products and expert advice in this specialist sector.
With a strong brand presence and a loyal customer base, eSupreme has become synonymous with excellence in the biking community.
THE OPPORTUNITY
The business is available by way of a share sale to facilitate the transfer of the business to a new owner and allow the current vendor to pursue other business interests.
The business is free of tie from a premises and is available fully relocatable.
PRODUCTS AND SERVICES
Our clients online store boasts a diverse and extensive range of e-bike products, carefully selected to meet the diverse needs of bike owners. Their product categories encompass premium bikes, scooters, replacement batteries etc… In addition, they provide expert guidance and informative content through the website, empowering customers to make informed decisions about their products.
MARKET OPPORTUNITY
The market for bike products has experienced remarkable growth in recent years, with e-bike ownership surging in popularity. eBikes are now widely recognized as favourable products due to their flexible nature, low maintenance requirements, and suitability for various environments. eSupreme is strategically positioned to capture a significant share of this expanding market, with immense potential to attract both new and existing bike owners.
COMPETITIVE ADVANTAGE
eSupreme maintains a competitive edge through several key advantages:
Specialization: Our clients exclusive focus on e-bikes has allowed them to develop an in-depth understanding of their customers unique needs, enabling them to offer tailored products and services unmatched by general bike retailers
Uncompromising Quality: They forge strong partnerships with trusted suppliers, ensuring that customers receive only the highest quality products. This commitment to quality establishes the business as a reliable source for premium e-bike supplies.
Expert Guidance: The owner has gained vast experience in this sector and is passionate about providing personalized advice and guidance to customers. This expertise fosters trust and loyalty, setting them apart from competitors.
Seamless Online Experience: eSupreme boasts a user-friendly website and a secure payment gateway, facilitating a convenient and hassle-free shopping experience for customers.
SEO: The business benefits for a significant investment in SEO since inception which has resulted in significant improvements in the organic traffic to the site and a reduced need to in paid advertising spend.
Cycle2work: With the implementation of the ‘cycle2work’ scheme this could generate a lucrative new customer base for the business.
GROWTH OPPORTUNITIES
To further capitalize on the market potential, we have identified several exciting growth opportunities:
Expansion of Product Range: Introduce new complimentary products to cater to an even broader range of bike owners' needs, thereby increasing customer engagement and sales.
Marketing and Branding Initiatives: Implement targeted marketing campaigns to reach a wider customer base and enhance brand visibility. Explore collaborations with influencers and strategic partnerships to amplify our market presence.
Customer Loyalty Programs: Develop customer loyalty programs and incentives to foster long-term relationships, repeat purchases, and word-of-mouth referrals.
Implementation of Premises: The business trades from a PO box and does not hold any stock, limiting the business risk and investment. The brand would benefit from being placed within a high traffic retail environment to boost sales, store stock, and increase sales.
LOCATION
The business is conveniently operated from a PO box and can be relocated to suit any potential purchasers.
MARKETING
The business uses the following marketing channels:
1. Website: The website is the primary marketing tool for businesses. It provides information about the company and its services, as well as contact information for potential clients.
www.esupreme.co.uk
2. Search Engine Optimization (SEO): SEO involves optimizing a website's content and structure to improve its ranking in search engine results pages (SERPs). This can help businesses attract more organic traffic to their website. To date there has been a significant investment in this channel.
3. Social Media: Social media platforms which are in use are Facebook and Instagram. The invaluable number of followers on social media brings a vast amount of the unpaid revenue.
MANAGEMENT AND EMPLOYEES
The business is managed by Part time by the owner.
FINANCIAL INFORMATION
Detailed financial statements will be made available upon request.
FURTHER INFORMTAION
Further information is available by speaking with the us and viewings are strictly by appointment only as the sale of this business is strictly confidential.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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