Flippa
FOR SALE
Business Name

Luxe Adapter

Business Model
e-Commerce
Industry
Electronics

$10,000

Asking Price
Multiple 1.1x
Luxeadapter is a professional e-commerce brand with high room for growth.
This business owner has manually entered their financials
This business owner has connected their site traffic with Google Analytics

Facts and Figures

Location
Canada
Date of Founding
2018
Full-Time Staff
Owner Operated
Annual Revenue
$28,205
Annual Expenses
$19,038
Annual Net Profit
$9,167
Profit and Loss
Evidence of Revenue
Note: Where the business is less than 12 months old the annualized data represents total sales for the period of operation.

Recent Performance

Month February 2019 March 2019 April 2019
Revenue $206 $7,652 $1,985
Expenses $250 $3,879 $1,465
Net Profit -$44 $3,773 $520
Month March 2019 April 2019 May 2019
Pageviews 54,529 16,874 10,907
Users 29,189 8,024 6,113

Note: Traffic data was provided on May 11, 2019. Enquire for more recent data.

Business Description

The business is based off of a dropshipping model. We use a dropshipping agent to ship iPhone adapters to customers across the globe. Most of our customers are located in the United States, Canada, and United Kingdom.

The average COGS is $5 USD while we offer our adapters for $18+2.50 shipping.

How does your business make money?

We make money from selling iPhone adapters to customers.

The main advertising channel is through viral Instagram advertising. By purchasing our store, you will also get access to this unique marketing strategy that generates very high return on ad spend.

Why should someone buy this business?

Luxeadapter has immense potential for growth and the possibility of becoming a 6 figure e-commerce brand. The mobile phone accessories market is consistently growing with new individuals buying iPhones every day.

Luxeadapter also has a strong brand presence in the niche, having an instagram following of 14,000 engaged followers.

Luxeadapter's unique marketing strategy also allows for INSANE profit margins. Our strategy allows us to acquire customers for quite cheap. In fact, in March we had our best month to date, with a $4000 profit month.

How can the future owner improve this business?

The future owner has many different avenues of improvement for the brand to grow into a 6 figure business.

Firstly, focusing on Facebook advertising is an excellent choice. The Facebook Pixel on Luxeadapter has a large amount of data with almost 1000 purchases on it.

Hiring models to make custom content with the adapters was also something that I considered doing but never did. I feel like this would lead to a very profitable scaling strategy through Instagram story ads by having models promote the main adapter.

Why are you selling this business?

I'm selling this business because I no longer have time to run this business. I have started other e-commerce brands with my marketing strategy and recently did $2000 in my first two weeks of launching a new e-commerce brand. I also have limited time now with my summer job working as a marketing intern.

Business Strengths

  • Brand and Community Loyalty

Opportunities for a new owner

  • Improve Current Marketing Efforts
  • Introduce Further Revenue Streams
  • Improve or Outsource Operations

Key day-to-day operations

  • Reporting
  • Supplier Relationship Management
  • Order Fulfilment
  • Content marketing

Marketing

  • Email Marketing
  • Facebook Advertising
  • Instagram Advertising

Assets

  • Brand assets
  • Domains
  • Relevant email accounts
  • Social media accounts

Social Media

Instagram
14K followers

Post sale support

This is support provided by the seller when transitioning the business to a buyer.

Included

About the Seller

Yuanda Wang

Canada

Hi!
My name is Yuanda and I am a University Student studying Psychology.

I love digital marketing, especially e-commerce and have built an over $25,000 e-commerce brand.

In my free time, I like to play guitar and make music.

Contact