Ecommerce Craft and Hobby Producer

Business Description

For sale is a 4-year-old e-commerce direct-to-consumer craft and hobby supply producer located in California. This company offers wood handle and self-inking rubber stamps, wood cutouts, stencils, patches, stickers, temporary tattoos, ribbons, metal buttons, supplies and digital options. It has over 731K unique SKUs and sells on several e-commerce sites, including Amazon, Etsy, Walmart and Michaels.

In 2023, by offering more products in existing product lines, the company increased yearly revenue by 29% and earnings by nearly 40%. Production costs and unsold product losses are minimized by producing almost all products on demand as they sell. Rubber stamps are the most popular items sold, accounting for 71% of the revenue.

Seven employees, including a senior graphic artist and two senior production specialists will support the buyer in the transition. Employees are cross-trained to fill in gaps if needed. No specific skills or licensing are required for the buyer, who can expect to work around 40 hours per week unless additional support staff is hired.

 

2020 2021 2022 2023
Revenue $204,616 $801,498 $1,520,562 $2,112,061
Earnings ($98,450) $112,760 $439,113 $711,963

Financial Overview

Asking Price: $2,100,000

Revenue: $1,816,312 (2 Year Avg)

Income: $575,538 (2 Year Avg)

Multiple: 3.65x

The listing is either pending or closed so the NDA cannot be signed