Back to Listings Telecom Electronics Store

Asking Price : $544,000

Annual Gross Revenue : $671,317

Annual Net Profit : $227,827

Profit Multiple : x2.39

Inventory Value: -

R-Index : 151

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From the Broker

Established in 2016, this portfolio of websites sells a variety of premium mobile network amplifiers. Cell phone signal boosters are designed to take an existing signal, amplify it, and broadcast to a space that is receiving weak or no signal. The business successfully operates in the UK, Australia, New Zealand, and South Africa.

The business’ primary customers are businesses and men with home coverage problems. The business is 100% dropship and does not hold any inventory. The sale of the business includes 10 business domains, all social media accounts, all customer data, and all business relationships.

With established strategic partnerships, high-quality products, and a rapidly-growing customer base, the new owner will be ideally positioned to continue the business’ impressive growth.

The business derives 100% of its revenue from product sales. Its customers are primarily located in the UK, Australia, South Africa and New Zealand. Over the trailing twelve months, the business’ gross revenue was approximately $546,000.00 and its net profit was approximately $170,000.00.

The business is 100% dropship and does not carry any inventory. The business currently uses two suppliers that are both located in China. The business has excellent relationships with the suppliers and has worked with them since the business’ inception. The primary supplier is paid weekly and customers typically receive the item 4-5 business days after an order is placed.

Currently, the business employs four freelancers to handle fulfillment & operations, customer support and SEO/PPC. Because virtually all of the business’ operations are outsourced to freelancers, the owners spend approximately 3 hours per week operating the business. This time is primarily spent overseeing the freelancers. Prior to hiring the freelancers, the owners spent 25-40 hours a week running the business.

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Sale Pending: No

First Seen: Thu, Nov 2nd 2017

Last Updated: Sun, Nov 19th 2017

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