Flippa
FOR SALE
Business Name

Paint By Numbers

Business Model
e-Commerce
Industry
Hobbies and Games

$85,000

Asking Price
Multiple 1.0x
Paint By Numbers is an online store specialized on selling products related to Painting By Numbers Kits.
This business owner has manually entered their financials

Facts and Figures

Location
Germany
Date of Founding
2018
Full-Time Staff
1 to 10
Annual Revenue
$267,765
Annual Expenses
$181,419
Annual Net Profit
$86,346
Profit and Loss
Evidence of Revenue
Note: Where the business is less than 12 months old the annualized data represents total sales for the period of operation.

Recent Performance

Month January 2019 February 2019 March 2019
Revenue $0 $0 $0
Expenses $0 $0 $0
Net Profit $0 $0 $0

Business Description

Painting by numbers is a recreational hobby that is practiced by a huge amount of people all over the world. It reduces stress and has also a meditational side to it. Painting By Numbers operates in a dropshipping model with dedicated suppliers.

How does your business make money?

We make money from selling Painting By Numbers Kits worldwide.

Why should someone buy this business?

Painting By Numbers has a huge potential of expansion. 75% of our profits were generated in only two months. With our dedicated supplier that delivers the products with a 85% margin and is capable of converting any design into a painting by numbers kit, we have a unique selling point.

We are selling this business because we have been focusing on other projects. PaintByNumbers.art was very successful and has still a huge potential going forward. Since we don't have the time for it, we have decided to pass this project to someone with a the time and passion for this business.

How can the future owner improve this business?

We haven’t tried E-Mail Marketing at all so far. With the big customer database of over 6,000 customers, you have everything you need to get started with E-Mail Marketing and generate profits on a regular basis, even if you wouldn’t put any cost into advertising at all.

By finding new trending designs regularly, the new buyer will be able to expand the business horizontally.

Why are you selling this business?

Financially tough situation.

Business Strengths

  • Brand and Community Loyalty
  • Evergreen Niche
  • High Profit Margins
  • Large Customer Database
  • Low Return Rate

Opportunities for a new owner

  • Launch New Products
  • Introduce Further Revenue Streams
  • Increase Basket Size Per Customer

Key day-to-day operations

  • Customer Support / Service
  • Launching New Products
  • Supplier Relationship Management

Marketing

  • Facebook Advertising

Assets

  • Brand assets
  • Contracts (written or verbal) with customers and suppliers
  • Customer databases
  • Domains
  • Existing manufacturing relationships
  • Hosting accounts
  • Marketing materials and collateral
  • Social media accounts
  • Website files, source code and content
  • e-Commerce platform accounts

Social Media

Facebook
42K followers
Twitter
0 followers
Instagram
0 followers

Post sale support

This is support provided by the seller when transitioning the business to a buyer.

Included

About the Seller

Flavio De Martino

Verified Account

Germany

I'm Flavio, self-employed in the online business for 10 years now, since the age of 15. I started out with a music e-commerce website, which I built from the ground up organically and is still generating a constant income stream. I worked as an online marketing manager later for a manufacturing company in Germany, which is a world-leader in their field. Since 2017, I am focusing on e-commerce full time, building new stores, testing strategies and exploring different niches.

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