A premium eCommerce site specializing in the sale of unlocked smartphones, including iPhones and Android devices, is currently up for auction. The site has achieved an impressive $600,000 in annual revenue without any advertising expenses, relying solely on free marketing strategies and search engine optimization (SEO) techniques. The auction includes the full list of wholesale suppliers for mobile devices and accessories and a method to find additional suppliers. The owner is selling due to a focus on a new startup venture, leaving the site dormant since early 2009. Despite this inactivity, the site presents a strong opportunity in the burgeoning smartphone market and is positioned as a turnkey business ready for operation.
The site's price has been significantly reduced due to its current inactive status, yet it retains substantial revenue potential. Unique monthly visitors have averaged between 35,000 and 45,000, mostly generated through free marketing efforts like product listings and forum postings. The owner strongly believes that the implementation of formal marketing strategies could elevate the site to a million-dollar business. The auction reserve price is set at $50,000, with the ability for further profit growth through strategic marketing enhancements. The site was previously featured in a Google case study due to its 600% revenue increase through the use of online marketing tools. Given the predicted explosion in the smartphone market, this site offers a lucrative entry for any prospective buyer.
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 new official verification and assessment service. We provide a deep analysis, identify hidden risks, and independently assess the value of the business. Packages start at $1,000. Learn More