International Arts and Crafts Supplies Retailer: A Unique Ecommerce Opportunity
This Arts & Crafts eCommerce Retailer offers a broad selection of craft supplies & consumable products from leading manufacturers all around the world. Catering to the hobbyist and professional artist alike, this business offers a veritable cornucopia of items ranging from common consumables to imported, rare and hard to find niche gems offered by no one else in the space. Currently experiencing 160% YOY growth and a $35 average ticket price per order, this profitable retailer is a highly reputable one stop shop in the segment and has a highly loyal customer base, with a repeat buy rate of over 70%.
OPERATIONS
This niche retailer has set itself apart from all its competitors in an otherwise hole-in-the-wall type of space with its smart sourcing of over 7,000 SKUs. Featuring a completely in-house stock & ship model requiring a minimal footprint, this business is capitalizing on its excellent 44% margins by reducing COGS consistently each year. Boasting fixed OPEX and a bare minimum workload of only 10 hours per week for ownership, this business is easily adaptable as an acquisition in any capacity with any buyer, whether she’s highly trained in consumer products and in a retail environment – or a newcomer to the space.
Featuring a completely in-house stock & ship model requiring a minimal footprint, this business is capitalizing on its excellent 44% margins by reducing COGS consistently each year.
MARKETING AND KEY METRICS
Yet to tap into direct marketing opportunities, this business comes complete with over 4,400 opt-in email subscribers in a hugely social product space, leaving the door open for excellent incremental growth on minimal investment for paid advertising on Facebook, Instagram, Pinterest and more.
Sales for this business are driven entirely by its organically ranked eCommerce storefronts, making it a great candidate for expansion into other eCommerce channels such as Amazon, Etsy, and Pinterest. The business also has over 4,400 opt-in email subscribers, allowing for excellent incremental growth on minimal investment.
Currently experiencing 160% YOY growth and a $35 average ticket price per order, this profitable retailer is a highly reputable one stop shop in the segment and has a highly loyal customer base, with a repeat buy rate of over 70%.
This business caters to a broad range of customers, including hobbyists and professional artists alike, as well as niches like scrapbooking.
BUSINESS MODEL & RESOURCES NEEDED
Boasting fixed OPEX and a bare minimum workload of only 10 hours per week for ownership, this business is easily adaptable as an acquisition in any capacity with any buyer, whether she’s highly trained in consumer products and in a retail environment – or a newcomer to the space.
THE INDUSTRY
The arts and crafts industry has been growing steadily in recent years and is projected to continue doing so in the coming years. This niche retailer is set apart from all its competitors in an otherwise hole-in-the-wall type of space with its smart sourcing of over 7,000 SKUs. Examples of other businesses in this industry include Michael’s, Hobby Lobby, and Jo-Ann Fabrics.
OPPORTUNITIES TO SCALE
This business offers a bevy of rare scale potential in the hands of nearly any buyer in the eCom retail space. With sales driven entirely by its organically ranked eCommerce storefronts, the business is a great candidate for scaling into other eCommerce channels such as Amazon, Etsy, and Pinterest, all with maximum ROI investments and huge growth opportunities.
Asking Price: $275,000
Gross Income: $271,214
Cash Flow: $109,104
Year Established: 2015
Employees: 5
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