Recently Sold!
Trademarked Brand PC Gaming Accessories Business
Asking Price: $275,000
Description
Motivated Seller
This listing is priced to sell! The seller is highly motivated and seeking a seeking a quick close.
Business Overview
Founded in 2019 by gamers with a passion for all things gaming, they bring innovative design and unique products for all gamers to enjoy. The company sells keyboards, mousepads and PC gaming accessories. All products are exclusive to the brand, including 2 keyboard designs which were engineered and designed in-house and have patent applications submitted. They have high rated products and a high return customer rate. They pride themselves on excellent customer service and ship orders quickly as well as respond to customers inquiries in a timely manner that ensures trust in their brand and loyal customers.
The company does business with some of the largest retailers in this industry with about 40% of sales coming from wholesale. Products are shipped directly from their suppliers to a 3PL. For wholesale orders, the products are shipped directly to the store locations. This company is operated by one owner working PT. Current inventory value is ~$45k.
Having built this business from a garage and grown it to its current level of success, the business is truly ready to scale.
Passive/Part time Opportunity with Huge Growth Potential
The business is operated part-time by one owner requiring minimal time commitment and has huge opportunity to expand onto Amazon and the other marketplaces. The owner officially launched the Branded Storefront on Amazon in April 2023 with all products available with Amazon Prime shipping and already showing up at the top for branded search. The owner will be working with an Amazon ad specialist to maximize ad spend.
Key Benefits Include
- YOY Growth and Great Margins
- Well-established in an extremely tough to enter, yet lucrative PC gaming industry
- Extremely strong brand with high return customer rate of 22%
- All products are designed in-house
- US Registered Trademark
- Patent Applications Submitted on Designs
- Products are sold at the largest retailers in this industry in over 15 countries
- Revenue generated from direct sales as well as wholesale
- Brand featured on some of the largest tech industry YouTube channels
- Collaborated with Red Bull Gaming on a special edition mousepad
- Major opportunities to grow revenue and the brand through Amazon FBA, multiple yet-to-release products in the pipeline and continued growth of wholesale channels and advertising
Financial Overview
| Gross Revenue | $217,830 |
|---|---|
| Cash Flow | $98,051 |
| Archive Date | 08-03-2023 |
| Status | Archived |
| Year Established | 2019 |
| Employees | 0 |
| Inventory | Not Included in Asking Price |
Other Information
| Category | Ecommerce |
|---|---|
| Industry | Electronics and Gaming |
| Location | USA, California (San Diego) |
| Home Based Business | Yes |
| Seller Finanacing Available | No |
| Income Sources | Products/Services |
Growth
- Expand on Amazon – This company is registered in Amazon Brand Registry has just begun selling on the Amazon marketplace
- Invest in advertising and marketing
- Increase social media exposure
- Develop wholesale sales techniques
- Focus on affiliate sales and developing relationships with tech industry YouTubers
Competition
The brand’s competitive advantages include:- Larger network of retail partners worldwide
- Higher quality products
- Extremely competitive pricing
- Stronger Branding