Sell your business

DIY & Crafts Kits

21 July 2020

    Annual revenues

    $202,000

    Annual profit

    $79,500

    Multiplier

    x 3.02

    Asking price

    $240,000

    For sale is a unique and fast-growing, established subscription box business in the DIY and crafts kit niche.

    Launched in 2014, the business has quickly scaled by selling monthly subscription boxes full of unique materials, ideal for scrapbooking. With a strong focus on quality and industry-leading customer service, the business has grown rapidly in the LTM to cater to nearly c.950 scrapbooking enthusiasts looking to differentiate their personal DIY craft projects.

    Bosting six years of operational history, the business has carved out a leading position in the DIY and crafts subscription boxes niche. With revenues topping c.$15 billion in the subscription boxes industry in 2019, up from c.$7.5 billion in 2018, and with home hobbies current uptick in popularity, the business is well placed to take advantage of shifting consumer trends in a highly profitable target market.

    The commitment to quality and excellent customer service have helped to differentiate the business, allowing the business to command a high LTV of $223 in the LTM. With MRR growing at a CQGR of c.12.7% from Q1 2019 to Q2 2020, the business now generates c.$186,000 in gross revenues, allowing a new owner to invest in one of the numerous growth opportunities.

    The business presents a great opportunity for a new owner looking to take over a reputable e-commerce business. With glowing product reviews and a track record of growth, the business is primed to be taken to the next level under a new owner.

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