For Sale:

Well Established Premier Online Street Art Supply Store

Asking Price: $2,270,000*
Description

For sale is a premier source for urban art and the most complete street art supplies store. The company prides itself on supporting urban artists from around the world, giving them exposure in its blog and supplying them with the finest tools. It offers leading product lines including its own brands as well as other popular labels. The company has accumulated an email list of 150k and 800k+ engaged social media followers.

The company stocks inventory and fulfills orders from leased warehouse space. The approx. inventory value on hand is about $1.1M CAD. The business is run by one owner working 20-30 hours per week managing marketing tasks. The day-to-day operations which include customer support, warehouse and shipping operations, and B2B Sales Rep is handled by 8 FT employees. There is one main contractor who handles social media, digital ads, and creating promotional products. The employees and contractors are willing to continue on with a new owner.

This business has been experiencing YOY growth! Its success has continued in 2021 with sales up 45% and profits up 44% for FYE Jun 2021 over FYE June 2020. In the trailing 12 months ending Feb’22, sales and profits are up 61% and 76% respectively over FYE June 2021.

Key Benefits

  • YoY Growth
  • Top ranking on many important search terms
  • Huge Social Media Presence - 800K+ followers combined
  • Large Email List ~150k (~50k Active)
  • Exclusive Agreements - negotiated shipping rates no longer offered to new clients
  • Strategic Warehouse Location - low shipping fees for anywhere in the USA, as well as no duties paid with 99% of shipments going into the USA

Listing Price: $2.875M CAD or USD equivalent at time of close. Currently ~$2,270,000 USD based on recent exchange rates.

Financial Summary
TTM Gross Revenue $3,642,680 USD
TTM Cash Flow $706,961 USD

TTM Gross Revenue $4,612,505 CAD
TTM Cash Flow $895,182 CAD

*Converted from CAD to USD at the exchange rate of 0.78974 on 2/28/22. USD equivalent at time of sale will vary based on exchange rates.

Financial Overview
Gross Revenue $3,642,680
Cash Flow $706,961
Year Established 2002
Employees 8 FT
Inventory Not Included in Asking Price
Other Information
Category Ecommerce
Industry Urban Art
Location Canada, Quebec
Home Based Business No
Seller Finanacing Available No
Income Sources Products/Services
Growth

Building on its well-established foundation and strong performance, this business is perfectly positioned for a new owner to take this business to its next level of growth.

Some strategies for future growth include:

  • Expand and scale the company in other markets
  • Expand in the fine art supplies world
  • Distribute products in the fine art/hobby stores market
Competition

Some of this company’s competitive advantages include its longevity, great reputation, and better search rankings.

Interested? Let's get in touch!
Website For Sale Inquiry