Techvention is a business offering a diverse range of home electronics and entertainment products, along with a significant social media presence through its Instagram-Theme-Page-Network. Founded in October 2020 in Frankfurt, Germany, by two entrepreneurs originally from a German town, it leverages strategic manufacturer and logistics partnerships in Beijing for a competitive edge. The business stands out with its unique branding, high-margin products, and streamlined operations already outsourced to reliable partners. The Instagram network of Techvention includes over 400,000 followers across various accounts, fostering strong customer relationships and driving traffic entirely from social media. This has been instrumental in customer acquisition and business growth. Despite its promising prospects, the founders are seeking a purchaser to take over due to limited time to further develop the venture. Financially, Techvention launched in November 2020, and within its first month, attracted 25 customer orders amounting to $531 in revenue. This figure has consistently grown, with the latest monthly revenue hitting $2,484. All the essential components are in place, offering a seamless opportunity for a new owner to step in and expand. The sale includes the website, domain, branding, graphic design assets, extensive supplier contacts, and all Instagram accounts, presenting a comprehensive package for prospective buyers aiming for a turnkey business opportunity.
Flippa’s platform is free for buyers. Here are our tips for first-time buyers:
Before making an offer
1. Look for verified sellers. Sellers should verify their email, phone, and government ID. When a seller has completed all verifications, we identify them with a checkmark like this:
2. Review financials. Financials are seller-provided inputs. Always ask for verified financials. Ask for a tax return or request access to their dashboard. if it’s an ecommerce store get a transaction report.
3. Review traffic. Sellers can grant you access to Google Analytics. Ask for read-only access to verify site traffic.
4. Schedule a call. Communication is key. The best way to find out more is to speak directly with the seller. For your protection, keep all communication within Flippa.
5. Make the offer on Flippa. We’re here to help. Flippa does not charge buyers and by making an offer on Flippa you’ll get access to our post-sales support team.
1. Agreements & Contracts.
Connect with a US-based lawyer or purchase asset-specific template legal documents via Flippa Legal.
2. Conduct Due Diligence.
You can conduct this yourself or use our trusted network of industry-leading due diligence partners. They can provide in-depth analysis, identify hidden risks, and independently assess the value of the business. Learn More