Subscription Box E-Commerce - Vegan Products - $124K MRR
- 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.
