Explosive YOY Growth in the Arts & Crafts E-Commerce Segment
This e-commerce company specializes in offering craft products & supplies to the home craft artist/hobbyist and scrapbook enthusiast with exclusivity for in-demand brand names and unique, high-margin items.
OPERATIONS
The business features a 100% in-house stock and ship model and an inventory with a minimal footprint, providing high-margin earnings potential for low-ticket purchases. Expansion opportunities include Amazon and alternative channels.
Minimal inventory footprint with in-house stock and ship model providing immediate incremental growth opportunities.
MARKETING AND KEY METRICS
The business fosters a sense of loyalty within its customer base through video demonstrations and a sense of community.
Opportunities for growth include expansion into Amazon and alternative channels.
Projected growth for the foreseeable future.
The business caters to the home craft artist/hobbyist and scrapbook enthusiast.
BUSINESS MODEL & RESOURCES NEEDED
Two employees.
THE INDUSTRY
The arts and crafts industry has grown significantly over the years with the emergence of e-commerce. Customers prefer e-commerce as it provides them with a range of options to choose from, easy access, and 24/7 customer service. Examples of companies in this industry include Etsy, ArtFire, and A.C. Moore.
OPPORTUNITIES TO SCALE
Opportunities for scale include the expansion into Amazon and alternative channels and a wider variety of craft products, as well as increasing customer outreach.
Asking Price: $195,000
Gross Income: $246,654
Cash Flow: $54,168
Year Established: 2014
Employees: 2
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