$22.4K Per Month Subscription Site in the Other Entertainment and R...

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$22.4K Per Month Subscription Site in the Other Entertainment and R...
Asking Price:
$95,058

Gross Revenue:
$269,052
Cash Flow:
$42,252
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This listing is for a subscription business created in January 2016 in the entertainment niche. The business sends customers based in the US and Canada a box including several products related to a popular form of entertainment. This is a business that brings in recurring revenue and has seen quarter-on-quarter growth in subscriber numbers.

All of the products for the boxes are sourced in the US. Purchasing products at wholesale has allowed the Seller to negotiate better rates as the number of subscribers increases. Since the products are ordered and shipped on a monthly basis, the business does require a fair amount of work, especially with planning and execution. It is worth mentioning though that the shipping is handled by a third-party fulfillment center.

To acquire new customers, the business uses a combination of paid advertising (Facebook, Instagram, and Pinterest), social media, and email marketing. There is also a blog on the website that features three new pieces of content per week. The content is mostly outsourced, but the Seller does write two posts per month.

Social media marketing is important for this business. The seller is active on social media and posts almost daily. Although there are associated profiles on Facebook, Instagram, Twitter, and Pinterest, the Facebook and Instagram accounts bring in the most amount of traffic.

The email list has over 2800 subscribers that receive a series of automated emails upon signup or a coupon lead magnet. A newsletter is sent out twice per month with additional emails if the Seller decides to run a sale.

See the link for more details regarding earnings and traffic.

About the Business

Year Established:
2016
Number of Employees:
1
Relocatable:
Yes
Home Based:
Yes
Facilities:
Included in the sale of this business are:

2 domains
All site content/files including photos
Cratejoy account
Stripe account
Mailchimp email list
Optin Monster account
Zendesk account
Email address
Google account for email
Social media profiles (Facebook, Instagram, Twitter, Pinterest)
Wordpress blog site
Angel List listing

The business doesn't normally carry inventory, but the fulfillment center may have product on hand before the monthly shipping date. Inventory is not normally included in the list price, further details can be provided to active depositors.
Website:
empireflippers.com/listing/44589/
Growth & Expansion:
Opportunities for this business include:

Focusing on social media by posting several times each day to build up a following
Running more giveaway contests to build awareness and increase the size of the email list
Encouraging more interaction from subscribers through voting
Developing custom packaging
Adding customization to product choices
Adding a mini box product that included fewer products
Selling items from each box separately if the vendors are willing to do dropshipping
Releasing more spoilers of items in the box
Sourcing from overseas rather than the US, but then the entire mission statement of the box would need to be changed
Packing the boxes in-house and not using outside fulfillment
Taking advantage of the opportunity to list the box on Amazon (possible launch in late 2018)
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About the Sale

Reason For Selling:
The Seller is looking to sell this business because running the business take...
Training/Support:
The Seller is willing to provide 30-60 days of support.
Seller Financing:
Seller may be open to seller financing.

Listing Info

ID:
1504021
Ad Detail Views:
82

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Business Listed by

Empire Flippers

Empire Flippers

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