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Website was established in March 2017. It is an online retailer of refurbished and preowned smartphones and tablets. It currently targets the Irish Market.
- Turnover 445k per annum
- High repeat customer rate of over 10% - Above average for the refurbished smartphone segment.
- Profit Margin of 40%.
- Growth - revenue has increased by 221% YOY.
- Excellent Rating on Trustpilot (4.9 from 445 verified reviewers)
- Business can be run from home office or business premises.
- Massive Potential for further growth and bigger Profits.
View Website @ www.phonezone.ie
Website has over 445 verified reviews and an Excellent rating on Trustpilot. This demonstrates the quality of devices and business model developed by us. Customers rely on verified reviews when buying a high-end product online.
The day to day running of the business is conducted by 2 persons. I operate the back-end (i.e) Website, customer service, etc. A colleague conducts the testing and repairing of devices if required.
We advertise our business with Google Ads and Facebook. Our main platform is google ads. Facebook advertising spend is limited.
The Facebook pixel is installed in our Shopify store
ROAS on Google Ads is approximately 10-1
The Shopify revenue from our store has increased by 221% YOY. It is expected this trend will continue throughout the year.
The busiest time for our sector is the Xmas period. There is an explosion in online sales during this time. Website has been strategically positioned to take advantage of the upcoming Christmas season.
We believe there is a big potential to take advantage of the boom in refurbished smartphone sales by entering the European and USA markets using our Shopify store.
There is room for higher profits by adding a selection of android phones and accessories to the website.
The Worldwide Market for Used Smartphones Forecasts to Grow to 332.9 Million Units with a Market Value of $67 Billion by 2023, According to IDC.
With our seamless Shopify store and verified reviews, website is optimized to make someone very happy this Christmas.
We have recently added to buy it now and pay later service. This option allows a customer to pay for their product by installments. A credit card is required if the customer chooses this option.
We have 3 reliable and trusted suppliers. Two of our main suppliers are based in the USA. Our third main supplier is based in Europe. We have been dealing with the suppliers for over 3 years. We have access to other platforms where we can buy devices from wholesale markets worldwide.
I am selling this business as I have upcoming family and educational commitments which will hamper the time I can commit to running the business.
I am also involved in running a second online business and will not have time to commit to all of the above in the coming months.
The business would be perfect for any online retailer who wants to penetrate the rapidly growing refurbished smartphone market.
With our established brand endorsed by our Trustpilot reviews, buyers will not hesitate to buy from this store.
We are optimally positioned to take advantage of the upcoming Xmas sales boom.
It would be a major benefit to any person who could scale the business internationally. Ireland is a small country and website has excelled. It is in its infancy and the best has yet to come.
Stock is not included in the sale price but can be purchased in a separate transaction. We usually hold approximately 200 iPhones in stock at all times.
Sale includes the following.
Existing manufacturing relationships
Relevant email accounts
Social media accounts
Website files, source code, and content
e-Commerce platform accounts
Facebook: 850 followers
Post sale support included.
If interested, please contact us by filling the form given below.
Online shopify website
Business in an optimal position to scale on an international basis
I am selling the business due to upcoming family and educational commitments
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