Patented WiFi Technology Business with 3 Trademarked Brands and 1.8 Million Monthly Visitors
This global eCommerce company develops and manufactures patented WiFi technology for 3 established sub-brands in the WiFi vertical. Their products enhance and extend bandwidth and range for wireless enabled spaces and have gained recognition in the wireless booster market. With 1.8 million monthly visitors, a large consumer database, and strong revenue growth, this company presents a high-growth opportunity.
OPERATIONS
The company focuses on developing and manufacturing WiFi technology products under their 3 sub-brands. They have 2 patents, 3 trademarks, and a solid consumer database of over 1 million. Sales have exceeded $30 million, and the company aims to improve profitability. Expansion onto sales channels like Amazon and eBay as well as improved advertising initiatives are promising opportunities.
The company develops and manufactures their own WiFi technology products. They have a strong manufacturing and supply chain in place to ensure product availability and fulfillment.
MARKETING AND KEY METRICS
The company has the potential to expand its sales channels beyond its own websites onto platforms like Amazon and eBay. They can also leverage wholesale brick and mortar channels and improve advertising efforts on all channels, including social media platforms and paid placements.
The company’s sales channel primarily involves website sales. However, there are significant growth opportunities by expanding onto sales channels like Amazon, eBay, and brick and mortar stores. The company can also improve marketing efforts to drive sales growth.
Key metrics for this company include monthly website visitors (1.8 million), revenue ($30 million+), and a consumer database of over 1 million. These metrics demonstrate high demand and growth potential for their WiFi technology products.
The company has a strong consumer base with an active database of over 1 million customers. Their WiFi technology products have gained recognition in the market, attracting customers who are looking to enhance and extend their wireless connectivity.
BUSINESS MODEL & RESOURCES NEEDED
The company currently operates with 1 employee responsible for product design, testing, patent and trademark filings, and launching new SKUs. Additional human resources may be needed to support channel diversification and relationship building.
THE INDUSTRY
The company operates in the internet technologies industry, specifically in the WiFi vertical. This industry plays a crucial role in today’s world, enabling remote work, learning, entertainment, and connectivity. The company’s patented technologies position them as a leader in the industry. Examples of similar companies in the industry include WiFi booster manufacturers, WiFi router providers, and WiFi signal boosters.
OPPORTUNITIES TO SCALE
The company has significant scale opportunities. They can expand onto sales channels like Amazon and eBay, develop a wholesale pipeline, improve SEO practices, engage in social media marketing, and leverage email marketing. By capitalizing on these opportunities, the company can achieve rapid and dynamic scale.
Asking Price: $6,500,000
Gross Income: $37,873,749
Cash Flow: $1,442,342
Year Established: 2018
Employees: 1
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