The business in question is known for manufacturing high-quality hoverboards and has established a strong reputation, having been excluded from a major recall. The company has partnered with a renowned shoe brand for exclusive product releases and has been featured in several media outlets. Based in Southern California, it boasts a warehouse that eliminates import costs, offers a one-year warranty, and manages repairs locally. This venture operates with low overhead costs through an automated advertising and sales process, requiring minimal effort for order fulfillment and customer correspondence. It enjoys favorable online reviews and a significant presence on social media platforms, attracting a broad customer base, including individuals and boutiques. Established in 2015, the business ties directly into the supplier for customer fulfillment, positioning itself as an affordable transportation method.
For sale due to the owner's intention to exit the hoverboard market and shift focus, the business utilizes Shopify for its e-commerce platform, having previously been on Wix. The sale includes domains, social media accounts, and a substantial mailing list. The business model relies on a sole supplier since its inception, ensuring smooth operations with no need to maintain inventory. Marketing is primarily through social media, supported by a certified Google partner for SEO. With high-profit margins and verified revenue sources, the business stands as an appealing investment opportunity with potential for growth through new product lines and expanding its market reach, facilitated by excellent supplier relations and transferable agreements.
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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.
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