The text describes an auction for a subscription-based business focusing on a Monthly Scrapbook Club. It boasts over 700 active subscribers, with an average monthly payment of $16 per subscriber. This business has generated $114,325 in revenue over 8.5 months, yielding a net profit of $63,075. The business features a Facebook fan page with over 28,000 followers and an active email list of nearly 18,000 subscribers, contributing to its marketing efforts.
The business offers various subscription plans, with options for monthly, semi-annual, or annual all with automatic renewals. Approximately 17% of subscribers opt for an upgraded package. The business uses Stripe for payment processing and manages customer data with a custom CRM. It handles its own shipping through USPS, with support for transitioning shipping operations to a fulfillment house if desired.
The business sources products from three wholesalers, including two based in the U.S. and one in China, providing flexibility in inventory and shipping timelines. The transaction would involve passing on all business assets, including domain, website, Facebook page, email list, and supplier relationships, with 30 days of support for the new owner.
Reasons for selling include personal commitments of the business partners. Growth opportunities lie in enhanced email marketing, leveraging a highly engaged Facebook page, increasing organic traffic, and boosting word-of-mouth referrals. Comprehensive post-sale support is offered to ensure a seamless handover and continued success of the business.
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