MoorQik produces and sells high quality mooring pendants for the recreational boating industry. The MoorQik Mooring pendant and Ultimate pendant are currently made by seasoned riggers in Nova Scotia. MoorQik's target market is the ageing power boat market who place value on quality products that are focused on convenience and security.
MoorQik means no more knots, and not worrying about whether your boat is safe in a storm.
Financials and traffic
each moorqik unit is produced for approximately $35USD
Average overall profit margin
Average number of sales/month
Value of inventory
Total revenue for last 12 months
Total traffic for last 12 months
Revenue includes sales until the end of last month and is calculated from Exchange’s eligible payment providers. Total traffic comes from all data available to Shopify.
shipping is currently included. approximately $15USD / unit
(ie. Adwords, Facebook ads, etc.)
Currently have 20 moorqik units in stock. Current manufacturer is based out of Halifax, NS. Willing to assist in establishing manufacturing at a new location or coordinating manufacturing in NS on behalf of new owner for nominal fee.
Do you work with any employees, freelancers, or contractors?
Why should someone buy this store?
Moorqik is an up and coming business that has a huge growth potential. The us boating market is ageing and looking for high quality products that increase convenience and security. The small number of products make it easy to coordinate logistically and the there are lots of easy areas to improved. MoorQIk is also listed and has sales on both amazon.com and amazon.ca, held a Canadian patent pending and has strong branding. as the store owner has the sole right to manufacture moorqik, the product is ripe for distribution through other sales channels
How can the future owner improve the business?
Areas of improvement are increased Social media presence and website content to drive SEO. MoorQik use google adwords to generate sales. Product price can likely be increased, especially in the US market and allow for increased advertisement spending to drive sales.
What work have you put into the store?
Patent pending, two products developed, established local manufacturer, branding, website content, social media followers, product photos, physical inventory
About the seller
Created this store almost 3 years ago
Entrepreneur and inventor looking to focus on other ventures.