Flippa
FOR SALE
Business Name

HTC Sim Unlocker

Business Model
Services
Industry
Electronics

$23,000

Asking Price
Multiple 1.0x
This business contains 5 websites and selling Sim Unlock Codes for all phones made by HTC, Samsung, LG, Huawei, Apple. Supplier price is 0.7$, I'm selling for 13$.
This business owner has manually entered their financials

Facts and Figures

Location
Ukraine
Date of Founding
2012
Full-Time Staff
Owner Operated
Annual Revenue
$26,143
Annual Expenses
$2,620
Annual Net Profit
$23,523
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 March 2019 April 2019 May 2019
Revenue $2,418 $2,132 $2,470
Expenses $228 $190 $239
Net Profit $2,190 $1,942 $2,231

Business Description

Customers just have to fill out the order form, make a payment, receive an unlock code and unlock the phone just by entering the sim unlock code in their phone (the phone automatically ask for unlock code when different carrier sim card is installed). After that they can use the phone with any sim card from any carrier worldwide. This helps the users to save money in many ways. So almost every carrier locked phone user want to unlock his phone, this creates a huge unlocking industry market.
This website is perfect “passive zero work” income. You can keep your main job and also run this website earning around $2000 per month. Your clients are all online users from more than 192 countries worldwide.
This is a huge market that is growing constantly as carrier locked mobile phones are selling in huge numbers each day.

How does your business make money?

Customer searches on google/yahoo/bing/on forums for unlocking solution for their phone and comes to one of my websites. Then he fills out an order form (enters his phone model, carrier name, IMEI number, email address) and makes payment. After that, I get an email about the new order and begin the unlocking process for this order. To process the order I simply copy the required info from the order and log in to the admin panel of our supplier website and create unlock request. Supplier server delivers a result in a few minutes and I send an email with the code and step by step unlocking instructions to the customer's email. That's it. This is a very simple process and I spend only a few minutes to process each order. Very often I process orders directly from my smartphone when I away from my computer. One order will take just a few minutes of your time, so, for example, if you have 10 orders every day you’ll need only 30-50 minutes per day to run this website.

Why should someone buy this business?

This is very profitable 'almost zero work' business. Supplier is doing all the work, I just re-sending the result of his work to the customer. Buying cheaper, selling with a good profit.
I'm using the most reliable, fast and cheap pricing supplier on this business. They have been providing services from 2004 and they have been reliable. 99 of 100 codes which they generated for us are fully working. For codes that do not work, they process an instant refund with no questions. The owner of the supplier website is also available online and I receiving a reply within a few hours.
As an example, here are some supplier prices for HTC unlock codes. Our supplier has 2 types of databases of IMEI`s for all HTC phones:
1. Database#1. Our cost: $0.40, we sell: $13.00 (profit $12,60)
2. Database#2. Our cost: $0.75, we sell: $13.00 (profit $12,25)
Supplier account with discounted prices for unlocking will be transferred to the new owner.

How can the future owner improve this business?

  • Launching Adwords. The best starter option - to launch the Adwords campaign. I have tested it in the last year and the results were great (even though I did not have any experience in setting up and configuring correctly).
  • Adding new models to sites. The supplier provides supports for unlocking all phone brands like Nokia, Sony, ZTE, Motorola, Alcatel, blackberry etc so as a new owner can add new models on the website to get much more orders. -Email marketing. I have a full list of all orders for the last 7 years (this is more than 20 thousand orders/emails). I'm sure that some of them want to unlock their new phones again or have friends who will come back to the site and will order again after receiving an email with the ad. -Launching Instagram/Facebook/Youtube channels. This will help to attract much more customers as well.

Why are you selling this business?

I'm running this business more than 7 years alone and it was an amazing experience for me. I feel like for me it is time to grow up as an entrepreneur and I want to try something new. I already invested in real estate (local) business and I want to focus on that.

Business Strengths

  • Customer Service
  • High levels of Automation
  • High Profit Margins
  • Passive Revenue

Opportunities for a new owner

  • Launch New Products
  • Start Selling into New Markets

Key day-to-day operations

  • Customer Support / Service

Marketing

  • Facebook Advertising
  • Google Adwords

Assets

  • Contracts (written or verbal) with customers and suppliers
  • Customer databases
  • Domains
  • Hosting accounts
  • Relevant email accounts
  • Website files, source code and content

Post sale support

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

Included

About the Seller

Mus Tafa

Ukraine

Contact