Back to Listings Craft Supplies eCommerce Retailer - 70% Repeat Customer Loyalty - 160% YOY Growth

Asking Price : $395,000

Annual Gross Revenue : $271,794

Annual Net Profit : $119,582

Profit Multiple : x3.30

Inventory Value: -

R-Index : 116

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From the Broker

The target is a High-Growth, arts & crafts eCommerce retailer offering a broad selection of craft supplies & consumable products from leading manufacturers all around the world. Catering to the hobbyist and professional artist alike – as well as niches like scrapbooking, this business offers a veritable cornucopia of items ranging from common consumables to imported, rare and hard to find niche gems offered by no one else in the space.

Currently experiencing 160% YOY growth and a $35 average ticket price per order, this profitable retailer is a highly reputable one stop shop in the segment and has a highly loyal customer base, with a repeat buy rate of over 70%. Seeing over 10,000 visitors monthly at its website storefront and enjoying minimal seasonality, this company is in a perfect place to begin expansion efforts with such a solid platform. Yet to tap into direct marketing opportunities, this business comes complete with over 4,400 opt-in email subscribers in a hugely social product space, leaving the door open for excellent incremental growth on minimal investment for paid advertising on Facebook, Instagram, Pinterest and more.

With smart sourcing of over 7,000 SKUs at market, this niche retailer has set itself apart from all its competitors in an otherwise hole-in-the-wall type of space. Featuring a completely in-house stock & ship model requiring a minimal footprint, this business is capitalizing on its excellent 44% margins by reducing COGS consistently each year. Boasting fixed OPEX and a bare minimum workload of only 10 hours per week for ownership, this business is easily adaptable as an acquisition in any capacity with any buyer, whether she’s highly trained in consumer products and in an etail environment – or a newcomer to the space.

With sales driven entirely by its organically ranked eCommerce storefronts, this already stellar performer is a shoe-in for scale with Amazon, along with segment-leading channels such as Etsy and Pinterest – all maximum ROI investments with huge growth opportunity - this niche retailer offers a bevy of rare scale potential in the hands of nearly any buyer in the eCom retail space.

This eCommerce Website Represented by:

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Sale Pending: No

First Seen: Tue, Apr 17th 2018

Last Updated: Fri, Jul 27th 2018


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