This subscription ecommerce business has quickly established itself as a leading brand in the inspirational jewelry space, with 3,000+ members and $75K in MRR.
Using an innovative business strategy that pairs a subscription model with low cost / high margin jewelry products, the business has enjoyed subscription revenues with 94% gross profit and 43% net profit margins over the LTM.
On the operations side, the business is well managed between the team of owners. PPC is managed in-house with the business generating 90%+ of new customers from Facebook and Instagram using well optimized and consistently profitable campaigns.
Looking ahead, there are many clear paths to future growth including expanding the current jewelry range into new colours and designs, pushing marketing onto other platforms (e.g. Pinterest, Etsy), and beginning email marketing with the business' 4 million existing customer addresses.
The reason for the sale is that the owners have made ample cash flow from the business and would now like to sell to raise funds for a bigger new business launch.
Sale Pending: No
First Seen: Wed, Feb 12th 2020
Last Updated: Thu, Feb 13th 2020