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Online Store for Sale - $2800 in sales/mo with no advertising!


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Are you fed up with the day-to-day in the shop? Ready to shift gears and make money without breaking your back?

 

Our online store is for sale. Owner wants to put his sole focus on the projects we have in the shop so that he can wrap them up and retire. Our online store averages $2800 in sales per month with absolutely no advertising. There are many more items we could add to increase sales, but being that we are a two-person operation we have too much going on to properly manage and advertise the website.

 

Here are the details from the listing:

  • Brand has existed since the late 90s, re-branded in 2008 when we moved and expanded our offerings
  • Well-known name in the Corvette community
  • We offer solutions that no one else in the Corvette and GM high performance field offer
  • Currently monetized solely through ecommerce transactions
  • Site platform- WordPress with Ecwid for cart ($17 per month); Knownhost VPS hosting ($35 per month)
  • Will include domain, Facebook page, and Twitter account
  • Site currently only includes products we have researched and developed, but we have accounts with several major parts distribution companies and those parts could easily be added to the site and dropshipped to customers
  • Training available for 30 days following purchase. Buyer has the option of continuing to buy products from us, or buying rights (cost of which is included in sale of site) to the proprietary info (preferred). Buyer will need to take over the before and after sale support.
  • Owner is retiring and downsizing. The site has never reached its full potential because we also run a busy repair shop, write books, and travel to seminars, etc. We have not advertised because we do not have the proper time to devote to the website. Owner prefers to continue with the repair side of the business and sell the online portion of the business.

 

Please contact me if I can answer any questions. Thank you!

Edited by stephanie
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  • 2 months later...

This is not a scam, I contacted the owner and it is a legit offer.

However, the business owner is not offering the business for a reasonable amount, nor are the numbers listed in this thread correct and up to date. The owner is banking on a large amount of goodwill and future returns in his valuation, not past and current performance of the business, nor a realistic ROI.

I won't go into specifics at this time, but if anyone wants my opinion on this, they can contact me.

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      It always amazes me when I hear about a technician who quits one repair shop to go work at another shop for less money. I know you have heard of this too, and you’ve probably asked yourself, “Can this be true? And Why?” The answer rests within the culture of the company. More specifically, the boss, manager, or a toxic work environment literally pushed the technician out the door.
      While money and benefits tend to attract people to a company, it won’t keep them there. When a technician begins to look over the fence for greener grass, that is usually a sign that something is wrong within the workplace. It also means that his or her heart is probably already gone. If the issue is not resolved, no amount of money will keep that technician for the long term. The heart is always the first to leave. The last thing that leaves is the technician’s toolbox.
      Shop owners: Focus more on employee retention than acquisition. This is not to say that you should not be constantly recruiting. You should. What it does means is that once you hire someone, your job isn’t over, that’s when it begins. Get to know your technicians. Build strong relationships. Have frequent one-on-ones. Engage in meaningful conversation. Find what truly motivates your technicians. You may be surprised that while money is a motivator, it’s usually not the prime motivator.
      One last thing; the cost of technician turnover can be financially devastating. It also affects shop morale. Do all you can to create a workplace where technicians feel they are respected, recognized, and know that their work contributes to the overall success of the company. This will lead to improved morale and team spirit. Remember, when you see a technician’s toolbox rolling out of the bay on its way to another shop, the heart was most likely gone long before that.
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