This venture began in 2014, addressing the drone community's need for accessible drones and parts, primarily sourced from China with long lead times. Initially a stocking e-commerce site, it quickly gained recognition, with coverage from news outlets and social media interactions establishing a personable brand identity. Key to its growth was transitioning to a dropshipping model while maintaining minimal inventory requirements for specific products. Significant sales progress was noted from November 2014 to December 2015, with strategic inventory purchases and fraud safeguards mitigating losses during certain months.
The business runs on BigCommerce, with a focus on prompt customer service and order processing. Time investment stands at about three hours daily, encompassing customer interactions and social media management. Although technical support isn't provided, referral resources are offered. The business model is adaptable for operation from any location, and expansion opportunities exist in SEO, marketing, and direct purchasing from manufacturers to improve margins.
Reasons for selling include pursuing another business venture, leaving the current thriving state of the drone market open to new leadership. Included in the sale are the domain, vendor accounts, social media, and customer databases. There are suggestions for growth in SEO, enhanced marketing, and services expansion. The seller is committed to assisting the new owner with transition support and is open to a non-compete agreement. Payment options include wire transfer, with the buyer being responsible for new orders post-purchase.
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