Back to Listings Dubleup

Asking Price : $61,000

Annual Gross Revenue : $47,076

Annual Net Profit : $38,856

Profit Multiple : x1.57

Inventory Value: -

R-Index : 216

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From the Broker

Dubleup is an Australian based tech business housed under Red White Blue Group Pty Ltd. Dubleup's focus is to lead innovation for products that people need everyday. This is achieved by creating simple and beautiful designs, which will ensure ease of use and seamless integration into customers everyday life.

The credit card sized power bank is Dubleup's debut into the tech world. Following from the success of the powerbank Dubleup has designed adaptors, cables and card keepers (all for sale online), while at the same time partnering with companies world-wide to sell their products through our sale channels.

Dubleup's creations have passed Apple's MFI certifications and world-wide safety testing standards. For further information please head to: https://mfi.apple.com/MFiWeb/getAPS, search "brand" then Dublup.

All tasks are performed by the sole owner operator. Madeleine spends 25-30 hours per week working on the business.

Products are designed and developed in house. The additional products Dubleup sells on its website are sourced externally from obrelo.com - The products on obrelo.com are drop shipped from China.

Dubleup has partnered with a team in China, which includes: engineers, designers, marketers, customer relation officials and R&D staff. The team handles all aspect of the product, from inception right through to warehousing and shipment to 3PL warehouses.

Dubleup has 2 fulfilment sites, in America and China.

Completed by Madeleine

Completed by Madeleine via email.

To date, customers have been acquired via Dubleup's social channels and SEO.

Dubleup also undertook PR work during its Kickstarter Campaign which yielded success in the UK.

Dubleup's website is hosted on Shopify. Shopify provides multiple apps to assist in sales, increases of basket sizes and to 'assist' customers in spending more money upon checkout.

Dubleup also ensures new products are offered on the website and other sales channels. Dubleup ensures they are up to date on trends and fashions, which sees customers coming back.

Dubleup's credit card sized power bank has only been manufactured with a Micro-USB adaptor and a lightning adaptor. Dubleup has developed prototypes for Type-C adaptors, if the new owner so wishes, they will be able to manufacture these power banks.

The sole-owner operator is putting the business on the market to raise capital for a new venture outside the tech industry. Madeleine is also looking for a lifestyle change, she has spent her early twenties breathing life into this company but is now looking to free herself up to pursue different interests.

Dubleup owns the mould for the power bank and also has approvals by Apple for multiple other products. Dubleup's IP is protected legally within Australia and the Madrid Protocol has been established to protect Dubleup in certain countries, which we have elected. Upon the purchase of Dubleup, you may wish to elect more countries within the Madrid Protocol to ensure Dubleup is protected in additional countries. Please feel free to enquire if you'd like more information about IP protection.

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Listed By


Sale Pending: No

First Seen: Mon, Sep 10th 2018

Last Updated: Fri, Dec 21st 2018


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