Florida’s Premier Wholesaler Of Pre-Owned Cell Phones For Sale

The company sells bulk orders of used iPhones to international distributors who then ship the product out of the US, to their respective geographies. Established in 2015, the company upholds the highest standards of quality and transparency. It has a strong international network of distributor clients across Latin America and parts of Europe, with room for further expansion in Europe, Africa and China. The company’s impressive revenue performance, streamlined operations, and well-positioned market presence combine to create an attractive acquisition opportunity for potential buyers.
Investment Highlights:
• TTM: $10,600,000 in revenue; $420K SDE
• 2023: $8,940,000 in revenue; $310K SDE
• Strong Revenue growth, achieving a CAGR of 31% 
• SDE margin increased 7x from 2022 to TTM as the company optimizes purchasing and operations
• Customers pay on delivery of product, or up to 50% to 100% of the order value upfront, with no credit extended. This means the business requires very little working capital compared to its sales volume.
• Streamlined inventory process ensures a steady flow of merchandise and minimizes holding costs. All operations are performed out of a small office (warehousing not needed).
• Direct sourcing from major auctions and carriers reduces costs and ensures a reliable supply of high-quality used phones (as this is a supply constrained market, not a demand constrained one)