An eCommerce platform, launched in 2020, is making waves in the pickleball sports industry by offering premium paddles and gear. The business is rapidly establishing itself as a leader, boasting an impressive annual revenue of $250,000 with a 64% profit margin. Its robust online presence and user-friendly interface have cultivated a loyal customer base, leading to consistent growth and profitability. With a Domain Authority of 9, the platform is strategically positioned to expand its reach further.
The company operates with a lean team, consisting of one full-time employee and a part-time employee, supported by approximately 50 global ambassadors promoting sales. It has signed multiple professional players to boost its market presence and holds trademarks across several key regions. The company’s commitment to quality and customer satisfaction, exemplified by its lifetime warranty offer, enhances customer appeal and ease of sales.
The business has a password-protected wholesale website meant for seamless transactions with smaller retailers and has engaged approximately 20 retail partners in Canada. Plans to expand into over 200 Canadian stores and enter the U.S. market promise significant growth due to the expanding popularity of pickleball. Key operational facets include in-house fulfillment and ongoing negotiations with large retailers.
Financially, the business continues to see an increase in sales and profits, presenting substantial growth opportunities in international markets and partnerships with pickleball facilities in North America. However, the owner is looking to sell due to the growth of the company surpassing personal commitment limits and involvement in multiple other ventures.
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