109% Returns - Profitable and FREE of taxes brokerage business

(Last update : 13 Feb 2024)

This is a unique opportunity to acquire a profitable brokerage business operating in Switzerland and the EU 

This store's Bitcoin brokerage business is FREE of taxes. Which means that according to the Swiss financial regulation, you will NOT pay any income or profit taxes.

NO EXPERIENCE in Cryptocurrencies is needed. I will give the needed training and you provide the motivation :)

The store was launched in 2019 and has grown steadily over the years (increasing sales by over 120% in the last 12 months alone), while building a loyal customer base and with a 100% perfect reputation.

Key Highlights
- Less than 10 P2P competitors in the EU
- No licence needed
- Negligible monthly overhead
- Makes profits in Bitcoin bear market
- Makes 2x profits in bull market

Operations
The new owner can easily take over the operations. With excellent online presence and huge growth potential, this business would be the perfect opportunity for someone interested in e-commerce or cryptocurrencies.

The business is offered on a relocatable basis, which should provide the new owner with a high degree of flexibility.

Currently the bitcoin stock is securely stored in the owner's online cryptocurrency wallet. When orders arrive, they are fulfilled by the operator which take 5-10 minutes per order. There are 2-5 orders on average per day.

We're currently developing an AI agent to automate the order fulfilment process but we're not sure that it will be 100% ready at the time of the sale.

The business was started initially on localbitcoins.com (platform closed now).

Customers
The majority of the brand's customers are based in Germany, France and the Switzerland, where the market is growing incredibly fast, with VERY limited competition. 
There are about 9 competing brokers on the platforms we're selling on.

The business also benefits from a PERFECT 5/5 stars reputation backed up by over 500 positive and genuine reviews.

It mainly sells B2C, but also has some B2B sales. Currently, the average order value is 452.- and the average customer return rate is 53%, which is exceptionally high.

The gross profit margin is also relatively high for a crypto retailer: 11% for customers in the EU and 19% for customers in Switzerland.

These figures do not take into account the instant profits made during bitcoin bull markets.

The potential and the growth:
This online business is the perfect opportunity for a person interested in e-commerce or cryptocurrencies.
As the business can be relocated, the new owner could set up in a location of their choice without being limited by geographical boundaries.

There is significant growth potential for this business as an expansion strategy is already in place that will see the company conquer the European and UK markets with new services.

Turnover
2019: 31k CHF
2020: 62.4k CHF
2021: 113.1k CHF
2022: 197k CHF
2023: 438k CHF
2024: ~910k CHF (based on current sales trends)

Net Profits
2019:  -3k CHF
2020:  2k CHF
2021:   15k CHF
2022:  36k CHF
2023:  42.2k CHF
2023:  ~120k CHF (based on current sales trends)

The sales figures for 2023 and Q4 2022 can all be verified. Older data can't be verified because it's on the Localbitcoin platform (closed now)

IMPORTANT NOTE: The turnover above is in bitcoin (platform limitation) and was converted at the rate of 41 000.- / bitcoin

Included in the sale is:

-2 Online stores on paxful.com and Noones.com (incl. all images, logo, customer base etc.)
-Products and Product material (images/videos/media)
-Standard operating procedure for running the business
-Customer base
-Google MyBusiness
-Dealer contacts
-Raw material/data
-Images/media/videos
-Marketing Support
-1 month full 7/7 support

NOTE: 
- All figures could be verified on demand
- Any transaction fees and taxes will be paid by the buyer

Reason for sale: The owner has another Facebook ad agency and can no longer concentrate fully on the operations of this business.

Reach out via the contact form on this page or by phone 022 518 82 24 (owner)
(I answer the phone 7d/7)

Selling price 89 000.-
Shop Link : https://paxful.com/user/TrustShop
Business sale multiple : ~0.72

(Not for the curious)

- Negligible monthly overhead
- Recurring online ads revenue
- Premium 10 years old domain name valued at over CHF 21’000
- Possibility to target new markets by automatically translating existing content
- Social media accounts with over 300 000 real followers
- Can be owned and operated tax-free according to the swiss financial laws

This assets will be greatly appreciated in the future because it leverages 3 global trends: 
- Rising interest for online entertainment and gaming
- Rising prices for domain names (+47% in the last 12 months)
- Increased demand for Online ads which means higher advertising revenues

Sale price : 19 200.-

Reach out via the contact form on this page or by phone 022 518 82 24 (owner)
I answer the phone 7d/7

(Not for the curious)