Back to Listings Branded Arts & Crafts Products Ecommerce Business

Asking Price : $235,000

Annual Gross Revenue : $361,080

Annual Net Profit : $82,224

Profit Multiple : x2.86

Inventory Value: N/A

R-Index : 130

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From the Broker

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!

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Sale Pending: No

First Seen: Fri, Nov 15th 2019

Last Updated: Fri, Dec 6th 2019


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