Electric Vehicle Accessory Business with High Growth Potential

Clay, NY (Onondaga County) (Relocatable)

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Asking Price: $37,000

Cash Flow: $6,870

Gross Revenue: $22,422

EBITDA: N/A

FF&E: N/A

Inventory: $5,370

Established: 2012

Electric Vehicle Accessory Business with High Growth Potential

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Business Description

Well established online business for electric vehicle (EV) based accessories, with over 6,000 visits to our website per month (without any advertising or marketing). In addition to our own website, we have a direct vendor/sales channel with Amazon, where they buy items in quantity from us directly for a price we set, and then Amazon sells them on their website for whatever price they deem appropriate. Amazon has been asking us to expand our product offerings through this relationship, however we have not had the time to do so. We have been in business since 2012, and have several custom products available for the most popular electric vehicles available today. Our primary offerings include custom wiring kits for EVs that provide back-up or off-grid power from the EV, as well as charging reference magnets that are popular for use in public charging scenarios. We have a strong online reputation with our brand name known in several of the most popular electric vehicle forums. Our revenue continues to experience significant year-over-year growth, and is currently limited by our own ability to expand further. Motivated individuals can grow this business further by orders of magnitude, using the products and intellectual property we already have as a springboard to drive future growth.

Detailed Information

Inventory:
Included in asking price
Employees:
1
Facilities:
In addition to the website and overall brand, assets included as part of the sale are all designs, instructions, specifications, and diagrams necessary to continue offering our existing products, as well as our existing inventory. Existing marketing referrals and waiting lists of personnel wanting products we don't currently offer will also be provided.
Competition:
Presently, we are the only competition in the field of custom electric vehicle accessories for providing back-up power and off-grid power solutions. Our brand is structured to offer a significant amount of other product offerings related to the electric vehicles for the right motivated individual. Other potential electric vehicle products to branch into are virtually limitless, and current competition in this general field is still nascent and not fully matured.
Growth & Expansion:
An increase in available product offerings in our core backup power wiring kit product line is one of the most obvious expansion opportunities, as we receive several emails per month asking for products that fit other electric vehicles. Other expansion opportunities include custom electric vehicle accessories, charging stations and accessories, electric vehicle usage/statistics app, as well as becoming a premier charging network provider. All of these areas lack a firm premier offering in the marketplace and our brand is ready to enter these segments.
Support & Training:
In addition to all diagrams and specifications, we will provide basic instructions on final assembly details for various product offerings, where applicable, as well as phone-based support for the first 3 months to ensure buyer has all information necessary to continue to grow this business.
Reason for Selling:
Insufficient time to address growing demand and customer base.
Business Website:
http://www.evextend.com
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Business Listed By:
Eric Cote

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