The business primarily specializes in the sale of spare parts for iPhones, specifically batteries and screens. It benefits from a reliable network of suppliers based in China, which provides a solid foundation for potential growth by expanding its product range. The business enjoys a sustainable cash flow, highlighting its stability in operations.
Operationally, the business generates profit by selling iPhone parts and can conveniently function from a small area, such as a garage, requiring only 60 square feet and 2-3 hours of daily engagement. The customer base consists of small repair shops and DIY enthusiasts, indicating a focused market strategy. To attract these customers, marketing is done through ad campaigns on search engines and promotion on an online marketplace.
Financially, the business averages a monthly revenue of $40,000, with a net profit of $3,000. The revenue is subject to fluctuations, which depend on pricing strategies and the intensity of promotional activities. It primarily derives its revenue from three platforms: an online marketplace, another online retail platform, and the business's website. The precise link to their marketplace store has been intentionally omitted to maintain anonymity. The business's fiscal performance shows promise, given its steady income and potential for growth through a broadened product assortment.
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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.
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1. Agreements & Contracts.
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2. Conduct Due Diligence.
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