A Melbourne-based entrepreneur identified a gap in the Australian gifting market and established a business aimed at simplifying the process of gift giving. This platform, which focuses on providing a wide selection of quality Australian gifts, allows customers to schedule and organize gifts to be wrapped and delivered on a future date, functioning as a two-sided marketplace without requiring inventory. Orders are held until the specified delivery date, at which point they are fulfilled by partnering merchants. The business has garnered positive feedback for its unique model, with over 1200 organic and engaged followers on Instagram and strong partnerships with more than 100 merchants. Operations currently involve manually placing orders by the requested date, with potential for automation through web development to improve efficiency. This could further enhance merchant relationships, product updates, and recruitment. The customer base consists predominantly of females, facilitated through organic Instagram marketing, with the opportunity to target broader demographics. Since its inception in August/September 2020, the company has generated approximately $3,000 in revenue without any paid advertising. Profit per order is around $15, derived from service fees and merchant commissions. Key business assets include branding, a merchant database, a domain name, strong merchant relationships, a social media following, marketing materials, and a customer email list. Comprehensive support and handover will be provided upon sale of the business.
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Before making an offer
1. Look for verified sellers. Sellers should verify their email, phone, and government ID. When a seller has completed all verifications, we identify them with a checkmark like this:
2. Review financials. Financials are seller-provided inputs. Always ask for verified financials. Ask for a tax return or request access to their dashboard. if it’s an ecommerce store get a transaction report.
3. Review traffic. Sellers can grant you access to Google Analytics. Ask for read-only access to verify site traffic.
4. Schedule a call. Communication is key. The best way to find out more is to speak directly with the seller. For your protection, keep all communication within Flippa.
5. Make the offer on Flippa. We’re here to help. Flippa does not charge buyers and by making an offer on Flippa you’ll get access to our post-sales support team.
1. Agreements & Contracts.
Connect with a US-based lawyer or purchase asset-specific template legal documents via Flippa Legal.
2. Conduct Due Diligence.
You can conduct this yourself or use our trusted network of industry-leading due diligence partners. They can provide in-depth analysis, identify hidden risks, and independently assess the value of the business. Learn More