Arts & Crafts Subscription Box Business

Asking Price:

$1,600,000

Financial Overview

Revenue:
$2,404,947
Income:
$399,779
Multiple:
4x

Business Description

For sale is for a subscription box business created in January 2018 in the “diamond painting” space (applying rhinestones to a canvas). Revenue is generated primarily through a popular and growing subscription box service, and supported by two related Shopify stores (all in the crafts niche). All are dropshipped to the customer from China, and customers are mostly in the USA (70%), followed by Canada and Australia.

The two owners spend a combined 15 hours / week on the business. They work with an agent in China who has a great relationship that will transfer in the sale. Paid ads via social (Facebook) drive most of the traffic.

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