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A fantastic opportunity to acquire an attractive and fast growing brand in the online gifting sector. We have developed a recognizable and memorable brand with a 5 star reputation and a loyal following.
We really love this brand and we have worked hard to get it to where it’s at. The business was started as in March and it has grown substantially since, exceeding the time we can offer it. Unfortunately, we have other business commitments and do not have the time to grow it any further. We are looking for someone with the passion to take it to the next level. This is a fantastic opportunity for the right person.
We have scaled back advertising as we no longer have time to run the business. Right now, we are maintaining customer service, fulfilling orders that come in organically, and managing the social.
This business would be ideal for someone with a passion for gifting or craft, someone looking to get into ecommerce or someone in the gifting sector looking to acquire another brand or expand their reach to a new demographic.
It’s difficult to project what the turnover would be after year 1 because this business was only started in Spring and we scaled back advertising 6 weeks in. Conservatively, you could expect to do €200,000-300,000 /year and could easily be doing 5-10x the current revenue.
Month 1 revenue was approximately €20,000. All sales came through Facebook Ads.
Next 6 months averaged €5,000 /month revenue with little to no advertising.
ROAS has varied between 8:1 and 15:1 which is quite remarkable and we haven’t seen the limits on this.
The average order value is approx. €50 with a gross profit margin of 25-40%.
Suppliers and Packaging:
We have curated a list of great suppliers which took some time. Over several months of trial and error we’ve built a strong suppliers list of great quality products at good prices. This is made up of Irish and UK suppliers.
Our boxes are supplied by a UK company. We will provide the branding/packaging assets.
There is plenty of opportunity to expand the product line. The majority of our sales have come through one product – we’ve seen plenty of interest to increase the product line.
This business has the potential to become the Irish version of Moonpig.com
We’ve also had several enquiries from corporations interested in gift boxes for their staff – huge potential here with the trend towards working from home.
We have a loyal customer list of over a 1000. With a high repeat purchase rate of 15%. This calculation does not consider a full year of trading. Many of whom have purchased multiple times.
We have invested around €15,000 developing our website earlier this year. It is a modern and easy to use website built and optimized for conversion. A growing brand name with an excellent and memorable web domain. Some key features:
- Bespoke/branded design
- Built on Woocommerce
- Stripe & PayPal Payments
- Facebook Pixel Integration
- Google Analytics
- Klaviyo Email Marketing
- Order Management Tools
- Other customized features
Almost 2k on Instagram, and 1k on Facebook.
5/5 stars reviews on Facebook.
Our customer base has been all women, mostly between the ages of 27-34.
- Started Spring 2020
- €20,000 sales in the first month
- Average order value is approx. €50 with a profit margin of 25-40%
- 24-39 female demographic
- Almost 2k on Instagram, and 1k on Facebook
- Over 1,000 customer list
- 800 on email list
Serious enquiries only. NDA required to proceed further.
For more information, please contact us by using the form below.
Online and relocatable.
We have other business commitments.
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