Online Business up for Grabs $$$ Per Month!

The Online e-Commerce Business is at http://prolongboards.com . It sells Long Skate Boards, which is an ever growing sport in many countries across the globe.

Septemeber saw it get 1,500 Unique visitors and almsot 10,000 pageviews.
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History

Prolongboards was born in the UK as an importer and exporter of longboards to Europe. Since Longboarding is really an American thing, importing them to the UK and the EU seemed to be a trend setting venture. To start with, I bought in $2000 worth of longboards (20 Decks and 5 Complete Boards) which I had to restock pretty quick since initial demand was reletively high. Sales seemed to dip in later months but were still generating around $500 a month revenue.
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Future

I feel that Prolongboards is destined to be a Profit machine. Not only do I have suppliers who will Drop Ship their products (so no need for stock), but the speed that longboarding is growing, especially in Sweden, is extraordinary to say the least. I have made several friends through the shop who keep telling me how popular longboarding is getting in mainland Europe, something which Prolongboards RIGHT NOW has the means to capitalize on!
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Why Am I Selling the Business?

I am selling the business and the site for two reasons.
1) I want to pay back $1000 to my dad who graciously lent me the money to start the shop
2) I want to concentrate more on marketing instead of running a business. Packing and taking stuff to post takes up too much of my time and could be utilized better by someone else, I feel.
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General Traffic / Site Info

The Site has been online since Jan 2006 and has been growing in popularity steadily since its conception. Although it is only PR1, I feel with maybe 6 months, a few more sites will link to prolongboards getting it a higher PR.

Traffic flows have been steady and targetted. We have not been using ANY PPC or Advertising of any sort, apart from posting on two forums. All our traffic is derived from these forums and the Search Engines which it ranks highly on.

For September, its best performing month, we got 1,492 Unique Visitors and 9,683 Pageviews According to Google Analytics.(Proof = http://prolongboards.com/analytics.bmp - *3.75mb watch out*)

For All the months previous to September, Webalizer has been running, which can be seen at http://prolongboards.com/webalizer/default.html
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Specialized Aspects of the site

I myself am preficient with PHP and MYSQL. I coded the Shopping Cart, Stock Facility and Longboard Contruction Wizard, ALL of which have been made from scratch by ME. I did not use a third party shopping cart system as I wanted to concentrate more on SEO which I felt I could achieve better from my own content.

This Coding alone would set you back an easy $900!

I also did ALL of the graphics from scratch, which could have cost $300 if you hired a pro to do it.
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Supplier Info

All the Suppliers are willing to Drop Ship, apart from a wholesaler in the UK. This is unavoidable because I am in the UK but there are many other distributors in different countries so if you wanted to change the shop for a different market, that would be fine.
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PRICE

With Monthly Revenue of around $500, I feel I could ask anything up to $10,000 for this site.

It has a lot of potential, Custom PHP & MYSQL, Clean Graphics and a nice growing market.

I really don't know what to ask for this site, so please tell me what its worth to YOU!

Thanks

Rich

PS. Any Questions - Don't hesitate to ask!

 

Proof of revenue?
BIN?

 

When you get $10m revenue it could still be worthless. Profit is what we need to know. Is it a registered business? Does the business have a grand debt or you personally?

 

@ TOPS30

The business is not registered as of yet - as I have been funding it myself.

This means that the debt is personal and not with the business.

As for Profit - We normally get around a 50% markup on most of our products, however Comple longboards are generally around a 25% markup. This means we get around $300 a month from not alot or advertising.

We Do not use adwords or any Paid Avertising. All The traffic is organic and targetted.

@ RAH

I have got some paypal receipts and my own online order recorder thing which I will make presentable in a few hours when I get home.

BIN = $6000 but I am willing to Accept Offers...

Okay I've just got the Paypal and My Own Order Thing Sorted :-

One thing you have to know is I was using the Paypal email for paypal transactions until around the 2nd of August, where i changed to .

That's Why I have had to use two paypal history things.

I also only started using the online order tracker at the end of June i think so no orders before that month are recorded on it unfortunately.

MY ORDER TRACKER:
http://prolongboards.com/images/prolongreal.gif

PAYPAL :
http://prolongboards.com/images/gorx1real.gif
http://prolongboards.com/images/gorx2real.gif

PAYPAL
http://prolongboards.com/images/r1chyreal.gif

Thanks

Remember $'s are Almost Double £'s

 

I really need to sell this soon so I am now offering the BIN at $4900 and a BID at $1500...

 

Nice Pic

 

haha i knew you'd find that

 

Those numbers don't add up.

 

Sorry it wasn't $300

Take the Month of June, which you can see the intake for on the Gorx paypal screens. The company took £247.91 of Which £93.97 was Profit.

Thats $468 of which $177 was Net Profit.

Thats a ratio of 2.64 : 1 (Revenue : Profit)

 

Ahhh... that makes more sense.

$177 of net profit means that the site will probably sell somewhere between $1,062 (6 months revenue) and $3,186 (18 months revenue).

But you never know, buyers are emotional beasts.

 

wow okay

so if I base a New Price Near the 12 Months Revenue mark...

$2500 for the Whole Business.

Remember, the traffic is all targetted and from SE's. Who knows how much MORE traffic and sales this site would get with just a few advertisments here and there?

I can recommend three places at least if Anyone buys the business.

Thanks

Rich