$112.2K Per Month Subscription-Box Site in the Culinary Niche
Asking 3.3x annual profit. Comparable Other businesses sell around 2.6x (2 to 3.3x, 172 comps). Priced 25% above the median.
- Monthly revenue
- $112,229
- Monthly expenses
- $86,126
- Monthly net profit
- $26,103
- Profit margin
- +23%
- Revenue trend
- +97%
- Users trend
- +1%
- Monetization
- Subscription-Box
- Niche
- Culinary
- Hours / week
- 7
- Days on market
- 63
- Business location
- US
Summary
This listing is for a subscription-box business created in July 2015 in the culinary niche. The Cratejoy store features a subscription box product containing foods, utensils, and recipes for a particular type of cuisine. The store sells some award-winning products and it has been featured on big media brands in the niche including Men's Health. The business requires minimal effort from the Seller to maintain. The business uses a 3PL to fulfill orders and currently has 100+ US-based suppliers. A number of freelancers help to run the business, including a Customer Service Agent, a Social Media Manager, a Writer, and a Developer. The business currently has 3,125 subscribers to the product. The subscriptions offered are monthly, 3-month, 6-month, and 12-month subscriptions. The average revenue per customer is $162.58. With the subscription, customers get access to an online community that features a news feed and video content related to the niche. Some t-shirt sales are also made. Included in the sale are four branded domains, an email list of 55,000 subscribers, a large social following including a Facebook account with 33K+ followers which gets decent levels of engagement, and an Instagram account with 84K+ subscribers which gets high levels of engagement. There is an automated email funnel set up for customers that sends welcome emails and informative emails each week. **Learn more about this listing by scrolling down to the FAQ section**
Reason for sale
The Seller would like the time to focus on other projects.
Traffic, trend, size, and valuation figures here are estimates, not verified by the seller. Always do your own diligence before reaching out or making an offer.