For Sale:
Branded Arts & Crafts Products Ecommerce Business
Asking Price: 235,000
Description
Arts and crafts is a gateway to a world of unlimited creativity! Arts and crafts products have received a surge of popularity in the retail marketplace with overall spending in the Arts and Crafts Industry having reached an impressive $44 Billion dollars in 2016!
Launched in 2018, this home-based business offers craft products including diamond painting, paint by numbers, scratch painting, and do-it-yourself miniatures. The business operates as a 100% dropship model with all sales converted through its Shopify store. Products are white labeled with the company brand. The website is successfully operated by one owner working about 7 hours per week managing Facebook and Google ads and creating email campaigns. One part-time Virtual Assistant handles all operational duties such as fulfilling orders and handling customer inquiries.
The business is trending upward with Sales for Oct 2019 up 71% over Oct 2018 and Nov this year up 41% over Nov 2018. Other increases for this Nov over last include: returning customer rate +33%, conversion +2%, total orders +77% and net income +130%.
This is a great business opportunity for any buyer looking to acquire a home based, profitable ecommerce business with innovative products, lots of room for growth and requires minimal time commitment in the huge arts and crafts industry!
Financial Overview
| Gross Revenue | 344,745 |
|---|---|
| Cash Flow | 81,849 |
| Archive Date | 05-02-2020 |
| Status | Archived |
| Year Established | 2018 |
| Employees | 1 PT |
| Inventory | N/A |
Other Information
| Category | Ecommerce drop-ship |
|---|---|
| Industry | Arts and Crafts |
| Location | Israel |
| Home Based Business | Yes |
| Seller Finanacing Available | No |
| Income Sources | Products/Services |
Growth
There is great potential to expand this internet business. Some strategies for future business growth and profitability include adding a Stripe account, add One Click Upsell and run ads on more Geos.
Competition
Although there are other competitors in this industry, this business has many advantages that make it a leader in this Industry including branded site-logo on the kits and packaging, a great deal of data (pixel and emails) from sales and engaged visitors and well as a ‘high’ Facebook customer feedback score.