Profitable Sport Goods Business Seeking Loan in Buffalo, United States
Established | 5-10 year(s) |
Employees | 2 - 5 |
Legal Entity | Other |
Reported Sales | USD 7 thousand |
Run Rate Sales | USD 18 thousand |
EBITDA Margin | 40 % |
Industries | Sport Goods |
Locations | Buffalo |
Local Time | 4:23 PM Europe / Kiev |
Listed By | Business Owner / Director |
Status | Active |
We launched our sporting goods store on Amazon almost 6 years ago. To be honest, we didn’t succeed right away, sales and the business itself were very difficult. But with experience, we began to get the first successes, sales increased, and we also increased the product line. But there was one thing that we didn’t like, Amazon constantly imposed its own rules, and didn’t want to solve problems with competitors who openly stole our content and used it for their own purposes. and we just didn’t feel any support from them, we also didn’t like that Amazon takes money from the seller at every step, and at the start, it’s very difficult for a small business, especially from Ukraine.
But we don’t complain at all, there are conditions, whether to agree or not, this is no longer Amazon’s business. We just didn’t like their conditions and we decided to transfer the store to our site, where we will really feel independent, and start only from our own strengths, that's what we need, we would love to work hard.
We were no longer afraid of such a transition, as we already had a certain audience in social networks and buyers who trust us. But at the moment when we started our transition, something happened that no one expected, the war began in Ukraine. For three months we were absolutely not engaged in our business, but when we adjusted to this terrible reality, in spite of everything we continued. Our store was essentially made in the basement, at the moment when we were hiding from rocket and artillery attacks.
Now we have two stores, the stores are working and are slowly starting to bring sales, but we do not have enough investments in order to work more intensively on marketing. In a war, it is very difficult to find such funds. Also, you can visit our stores by following the links in the attached document. Therefore, we ask for your support! Thanks a lot, everyone!
We sell sports goods such as fitness accessories and women activewear.
Our goods are constantly in stock, as we make shipments directly from manufacturers' factories.
We use Chinese warehouses for keeping goods. Everything is already configured and working fine. We also have free worldwide shipping for 4 - 8 days.
- We have no loans or debts.
- At the moment, the business is doing well, we have sales in two stores, but we do not have enough investment in marketing, and because of the war in Ukraine, it is very difficult to get funds.
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