Subscription Box Sourcing Partner

Asking Price:

$2,300,000

Financial Overview

Revenue:
$4,131,462
Income:
$623,281
Multiple:
3.69x

Business Description

For sale is a company created in 2017 that connects Ecommerce and subscription box businesses with manufacturers, offering sourcing options at attractive rates with an extremely curated and integrated supplier network.

The global subscription box market reached $18.8 billion last year and is expected to have a compound annual growth rate of 20% from 2021 through 2026. This company has capitalized on that, creating a model that relies entirely on drop-shipping and gives clients access to wholesale prices with improved margins as they scale their customer base. They have an extremely high client retention rate and increase revenue in tandem with their clients’ growth and earn revenue through taking a cut on orders (anywhere from 6-15%), which still allows their clients to receive products at a lower wholesale price than at many other places.

The business is based in Canada but is fully remote and relocatable. They are looking for a Owner/Operator who can take over high-level responsibilities and work with the existing team on daily tasks.

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