Yearly revenue

$1,791,000

Yearly net profit

$324,000

Asking price

$1,670,000 SOLD

Main Benefits

• Strong year over year growth, reaching 38% CAGR for the period 2013 to 2017
• Large customer base with over 5,000 paying customers
• Low MRR churn rate of only 6% over the trailing 12 months
• Authoritative brand in the rapidly growing vegan niche
• Low owner involvement with an entire team willing to transition post-sale

Description

For sale is a growing subscription box e-commerce business in the vegan products niche.

Launched in 2011, the business offers its customers monthly subscription boxes containing vegan snacks, beauty, and makeup products. The business quickly established a name for itself, generating gross earnings of c.1.8 million dollars in the last 12 months alone.

Revenues are forecast to grow at a c.39% CAGR for the period 2013-2017. With over 5,000 paying customers each with an average CLV of c.$336, and decreasing net MRR churn of c.6.0%, a new owner will be taking over a business primed for success.

The business requires little owner involvement, only a few hours per week on basic technical maintenance and team oversight. All nine staff members working remotely, are expected to be willing to transition to a new owner post-sale.

With robust operations, thousands of clients, low churn, and impressive year-over-year growth, this business presents a great opportunity for a new owner to enter the vegan niche with a proven subscription box e-commerce company.

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All numbers are prepared on a SDE basis.