This unique subscription business, founded in 2016, delivers curated boxes of artist-designed enamel pins and patches to subscribers each month. Additionally, non-members can access a separate eCommerce store. Subscribers benefit from services such as exclusive discounts, free shipping, and trading opportunities every four months. Customers choose between two membership plans and enjoy new themes introduced monthly. With an average of 1200 orders per month, 25% involve add-ons or repeat purchases, and the lifetime value (LTV) per client stands at $35 monthly, translating to $210 annually. The business maintains a 12% churn rate and contributes to promoting independent artists by collaborating internationally to source or co-design items. The business enjoys a strong digital presence with a mailing list exceeding 35,000, significant followings on Instagram and Facebook, and leverages multiple marketing channels including social media and Google Adwords. Operations are relatively minimal; the owner dedicates 15 hours per month while a part-time employee handles inventory sourcing and order fulfillment. Monthly revenues average $34,025, with a net profit of $9,900. The owner seeks to sell the business to focus on new endeavors, making it an appealing opportunity for those interested in the trendy wearable art sector or eCommerce specialists looking to penetrate new markets. With 8,000 inventory units valued at $15,000, the business promises an efficient handover, supported by knowledgeable staff willing to transition post-sale.
13 years experience building ecommerce brands and technology for ecommerce companies.
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Phone number
Government ID
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Escrow.com
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1. Agreements & Contracts.
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