Flippa
FOR SALE
Business Name

Gadget Blu

Business Model
e-Commerce
Industry
Electronics

$39,999

Asking Price
Multiple 1.4x
Profitable Dropship E-commerce Video Game Accessories and Consumer Electronics Store
This business owner has manually entered their financials
This business owner has connected their site traffic with Google Analytics

Facts and Figures

Location
United States
Date of Founding
2017
Full-Time Staff
Owner Operated
Annual Revenue
$223,699
Annual Expenses
$195,956
Annual Net Profit
$27,743
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 May 2019 June 2019 July 2019
Revenue $2,320 $3,438 $4,591
Expenses $1,762 $2,407 $5,257
Net Profit $558 $1,031 -$666
Month June 2019 July 2019 August 2019
Pageviews 4,865 12,814 6,539
Users 2,063 6,821 2,831

Note: Traffic data was provided on 28 August 2019. Enquire for more recent data.

Business Description

Gadget Blu has become a trusted brand in the mobile gaming community by offering practical accessories and gadgets to improve the mobile video game experience.

This is an ideal acquisition for a buyer interested in growing and developing a brand in a booming video gaming industry. This business is over 2 years old and its operations and systems are well-established. Our customer base is loyal and engaged. We have worked with the same supplier from China for over a 1 year. The supplier is eager, motivated and able to provide 7-10 day shipping from China to US. We also have a fully trained VA from the Philippines that has been with the business for almost a year and a half that handles all the customer service and order fulfillment with the supplier.

How does your business make money?

Gadget Blu sells video game accessories and other consumer electronic products. This is a 100% drop-shipping model. Our supplier in China ships products directly to consumers, so there is no need to purchase quantities of stock, store any product or ship products.

Most of our traffic is generated through Facebook and Instagram ads. We have not tapped into massive potential of alternative marketing avenues such as Google Ads, email marketing, YouTube advertising, free traffic or social media influencers. Additionally, we’ve primarily targeted US based consumers so there is great potential into global expansion.

We have a popular line of mobile gaming products that are individually branded with unique product names and professionally designed logos. In addition to mobile gaming products, Gadget Blu also offers a wide range of other consumer electronics products listed on the site as easy up-sells.

Why should someone buy this business?

The mobile gaming industry is expected to be a $91 billion industry by 2021. This is an amazing opportunity to own a slice of that industry with an already established store, product line, email list and online following!

Gadget Blu started as a general technology store but the demands of the growing mobile gaming industry led us to offer products that provide a practical solution to problems that mobile gamers face.

Here are some statistics about the viability of the growing mobile gaming industry:
-In 2018, mobile game apps generated $63.2 billion in revenue.
-By 2021, mobile game apps will increase to $91.2 billion in revenue.
-There are now 2.2 billion mobile gamers worldwide.
-There are 203 million mobile gamers in the US.
-56% of mobile gamers play more than 10+ times a week.
-21% of Android apps and 25% of iOS apps downloaded are games.
-Games account for 43% of all smartphone use.

Why are you selling this business?

I started the website as a side income for my family because my primary job is for a non-profit with limited income. I had no prior ecommerce or online marketing experience but invested in a course and used that to grow a lucrative side income. In early 2019, my primary job responsibilities increased and has consumed much more time. Although the e-commerce business does not require tons of time to manage, I am selling because I am not able to provide the necessary attention to take it to the next level.

Business Strengths

  • Brand and Community Loyalty
  • Customer Service
  • Evergreen Niche
  • Scalable Business Model
  • Well Established and Unique Brand

Opportunities for a new owner

  • Capitalise on the Emerging Market
  • Improve Current Marketing Efforts
  • Increase Basket Size Per Customer

Key day-to-day operations

  • Customer Support / Service
  • Bookkeeping
  • Launching New Products
  • Supplier Relationship Management
  • Order Fulfilment

Marketing

  • Email Marketing
  • Facebook Advertising
  • Instagram Advertising

Assets

  • Brand assets
  • Domains
  • Marketing materials and collateral
  • Relevant email accounts
  • Social media accounts
  • Vendor contacts

Social Media

Facebook
17K followers
Instagram
1.3K followers

Post sale support

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

Included

About the Seller

Jeff Jones

Verified Account

United States

I started Gadget Blu with zero online marketing and ecommerce experience. All I knew was that I needed to make some additional income for my family. Using a single dropshipping course, I was able to achieve my goal of providing for my family.

I recently had a promotion at my primary job and am no longer able to give Gadget Blu the attention needed to grow it any longer. I'm confident that a future owner with experience in online marketing will be able to make a lucrative profit!

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