4+ Yr Old Shopify Automotive Brand | High AOV | Diversified Suppliers

Seller Financing Available

The business offers customers the newest technologically advanced components for their autos. The products use portable, extremely large screens or modulators that connect to the factory technology in the vehicles to help modernize the interiors of vehicles with Apple CarPlay and Android Auto. This company generates revenue by selling its automobile tech in North America and Australia. The AOV fluctuates between $850 and $950 throughout the holiday season, while the profit margin is between 40% and 60%. Based on various vehicle make, model number, and year, the product line covers more than 500 items. As an example, one of the main products is a box (FOR CARS WITH CARPLAY). To help increase AOV, the business also provide upsells and upgrades, such as the choice to upgrade to "Wireless" at the point of purchase. From younger to elder generation clients, the customer base varies. In addition to partnering with YouTube stars and using retargeting ads on Facebook, the business also gains clients through Google SEO and YouTube. Their consumer base is active and devoted on a global scale, and some of them come back to buy items for their other cars as well as the cars of their loved ones or friends. This amounts to about 11%. Approximately 69% of the customers come from the US, 9% are from Australia, 8% are from Canada, 8% are from the UK, and 6% are from the rest of the world.

The ties the business has with its suppliers is excellent, and they now work closely with over 12 of them. By giving seasonal presents and being understanding of shipment or manufacturing delays, they have maintained a solid supplier relationship, including suppliers with facilities in Taiwan, Australia, and China. The order fulfillment procedure and times vary slightly from season to season (normally 9 to 12 business days from the day the consumer puts the purchase). Daily operations activities include fulfillment of orders, updating the website with new information and products and posting on social media. There is no need for a team, and one person can simply handle all the tasks. The owner of the current business works about 25 to 30 hours per week. Order fulfillment and some customer service responsibilities can be outsourced.

Key Benefits / Opportunities For Growth

• High Average Order Value: $924 is the AOV for the business.
• Possibility to grow by going into automobile retail & incorporating addt'l relevant products.
• Installing products for customers locally
• Partnering up with dealers across the globe.
• Partnering up with automotive retail stores
• List products on Amazon
• Continue to mass-list on eBay.