The business, built around a single flagship product launched through a crowdfunding campaign in 2018, has experienced five years of profitable growth, achieving $686,837 in revenue for 2021. With its operations streamlined through automation, the business has been run without employees, relying heavily on a seasonal peak in sales during the fourth quarter. High customer satisfaction is evident, illustrated by over 800 five-star reviews and a return rate of less than 1%. The core product is an elegantly designed anchor bookmark, engineered to facilitate hands-free reading while adhering to a minimalist Scandinavian aesthetic.
Although currently based in Sweden, close to 50% of its customer demographic resides in the United States. The business presents significant opportunities for growth, including expanding its product line to include luxury pens, home office accessories, and other stationery-related items. Other expansion possibilities include custom product engravings, social media advertising, influencer partnerships, and entering large marketplaces like Amazon. The business also has potential for B2B sales, including wholesale and corporate gifts.
Transferable assets include supplier contacts, automated marketing setups, established customer bases, and social media accounts. Operations require minimal time investment weekly, with potential to leverage marketing around Q4 for increased profit. The company is supported by a third-party fulfillment center and maintains strong ties with its suppliers, primarily based in China. Despite its current success, the owners are looking to sell due to a shift in focus towards new ventures.
Flippa’s platform is free for buyers. Here are our tips for first-time buyers:
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 new official verification and assessment service. We provide a deep analysis, identify hidden risks, and independently assess the value of the business. Packages start at $1,000. Learn More