Facts and Figures
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Note: Traffic data was provided on May 13, 2019. Enquire for more recent data.
Canvas Art Depot is an online store which allows customers to create custom prints on canvas or glass and photo based products Customers can create their own canvas wall art online using Canvas Art Depot’s online canvas ordering system. Products are manufactured and sent from a third party supplier. We offer free shipping for orders over $120, otherwise a flat rate of $12.95. Delivery takes between 5-10 business days. All products are printed in Melbourne, Australia. We ship internationally. The majority of traffic comes via Google AdWords. I spend 2 hours per week running the business.
How does your business make money?
We make money from the sale of custom canvas prints and photo-based products. Our average order value is $110 and our average profit margin is 20-30%.
Why should someone buy this business?
This business provides a passive income source and is easy to run. This is the ideal acquisition for someone with a marketing background, as to date I have invested little time and resources into advertising/marketing. The website is well designed and has an established presence on Instagram and Facebook, with plenty of 5 star reviews as well as a returning pool of customers.
How can the future owner improve this business?
The future owner can invest time and resources into social media marketing, email marketing and paid search advertising via Google Adwords, Bing and Google Shopping.
Why are you selling this business?I no longer have the time to manage this online business but I recognise the potential it has to become something bigger and earn even more profit. The store has had over 1000 orders and over 1000 real subscribers with the associated MailChimp account, with a decent amount of returning customers. There is a great opportunity for someone with marketing experience to start generating more sales and introducing additional services. This has been a hobby of mine and something I have done in my spare time, so bear that in mind when viewing the statistics for this store. If I had the time and could manage it full-time, the possibilities for advancement are endless.
- Brand and Community Loyalty
- Customer Service
- Lots of Repeat Customers
- Outsourced Order Fulfilment
- Positive Customer Reviews
Opportunities for a new owner
- Improve Current Marketing Efforts
- Introduce Further Revenue Streams
- Develop New Features
Key day-to-day operations
- Customer Support / Service
- Order Fulfilment
- Adwords Maintenance
- Email Marketing
- Facebook Advertising
- Google Adwords
- Brand assets
- Customer databases
- Existing manufacturing relationships
- Relevant email accounts
- Social media accounts
- Vendor contacts
- Website files, source code and content
- Google Adwords
Post sale support
This is support provided by the seller when transitioning the business to a buyer.
About the Seller
I'm Irvin, an entrepreneur and website designer/developer. I created Canvas Art Depot as a side project a couple of years ago with the intention of scaling it into a fully-fledged online business. However, due to how busy I have become, I haven't had the time to manage it properly for a while now. I'm hoping I can pass this onto someone who will realize the potential it has and turn it into a profit powerhouse. If you have any questions about my store or me, please feel free to contact me.