Established in 2020 by a passionate couple, Kitchen Envy has become a notable name in kitchen accessories, thanks to its personalized service and high-quality products. The business, known for its community-driven approach, once achieved gross sales between $6,000 and $11,000 monthly, supported by an average of 7,000 monthly website sessions. However, a personal health crisis led to reduced marketing efforts, as one of the founders could no longer manage the core operations. Despite these challenges, the business has maintained steady organic sales, demonstrating the brand's strength and customer loyalty.
Key features include a carefully curated inventory of approximately 400 products, a strong email list with over 2,500 subscribers, and a robust organic traffic base. The business boasts an impressive 29% repeat customer rate, indicating high loyalty. Orders are processed efficiently through Shopify, with local inventory ensuring prompt shipping.
The domestic customer base is primarily Canadian, attracted by national reach and incentives like free shipping on orders over $75. Financial performance showed a peak annual revenue of $74,000 with a net profit of $15,000, which has since declined due to limited marketing investment.
There are significant growth opportunities for a prospective owner, such as scaling paid advertising, expanding the product line, and enhancing content and SEO strategies. The business, fully operation-ready with no debts, includes assets like a domain, Shopify store, and supplier contacts. It presents an ideal acquisition for a buyer ready to capitalize on its solid foundation and unlock its full potential.