About the business
Tell us a little about yourself. What’s your background? How did you start the business?
Started selling parchment paper under Black Label Paper Company in 2015. Acquired this business in 2020 for growth purposes.
As an eCommerce business, where are your products made?
In-house.
How have you marketed the product and where are your customers originating from?
No marketing since 2018, all repeat B2B clientele in the cannabis industry.
Is the asset on your listing owner-operated, how much time does it take to run the business, who else is needed on the team, and what is automated?
It will be full time if you want to scale the business, currently takes me 20 hours a week to maintain.
What does someone need to do to continue operating the business in its current form?
Runway capital for scaling growth.
Growing the business
Can you list a few opportunities for a potential new owner to continue growing the business?
New products, markets and advertising/marketing budget.
What has been the evolution of this asset since its launch?
From $2,500 value to $250,000+ with 20-30% YOY organic revenue growth.
How does this business make money? What are the current revenue streams?
Pretty simple, sales of parchment paper products.
How big is your current team? How many people does it take to run this business?
2-5.
What’s the reason for selling your business on Flippa?
Founder exhaustion and loss of interest.
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