Flippa
FOR SALE
Business Name

Food Cubby

Business Model
e-Commerce
Industry
Lifestyle

$150,000

Asking Price
Multiple 2.1x
This patented viral eCommerce product that keeps foods from touching and helps scoop food is sold on Amazon and www.foodcubby.com.
This business owner has manually entered their financials

Facts and Figures

Location
United States
Date of Founding
2018
Full-Time Staff
Owner Operated
Annual Revenue
$130,000
Annual Expenses
$60,000
Annual Net Profit
$70,000
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 February 2019 March 2019 April 2019
Revenue $32,519 $34,359 $13,000
Expenses $16,458 $14,318 $6,797
Net Profit $16,061 $20,041 $6,203

Business Description

Food Cubby is a business operating in the lifestyle industry. Founded the United States in July 2018, this is a product that keeps foods from touching and helps scoop food, or portion control.

How does your business make money?

Amazon and Shopify

Why should someone buy this business?

Patented Product, that is currently trending and has great potential in either scaling on Shopify, Amazon, or even retail. All molds are paid for, even new molds for new products that we haven't launched yet under the patent. Feel free to reach out and please ask any questions, there are a-lot to this. We have had multiple retail companies want samples lately and it is getting more and more attention.

How can the future owner improve this business?

Decide how to get into retail, or run ads and email marketing as everything has been organic so far from viral posts by other pages on Facebook and articles on news sites.

Why are you selling this business?

I work full time as well as my wife, and as this grows, we know it can be scalable to something bigger than we can handle right now. We put everything into it to finish molds and everything and it is profitable. We have received numerous distribution companies reaching out wanting to pitch to retail for us. There are so many routes and I would rather cash out and move on and let someone else scale it. Great opportunity.

Business Strengths

  • Key Words Ranking
  • Evergreen Niche
  • High levels of Automation
  • Scalable Business Model
  • Significant IP Included

Opportunities for a new owner

  • Launch New Products
  • Start Selling into New Markets
  • Advance or Explore Retail / Distribution Partnerships

Key day-to-day operations

  • Customer Support / Service

Marketing

  • Amazon PPC
  • Influencer Marketing
  • Word of Mouth

Inventory

Units
2,800

Assets

  • Brand assets
  • Contracts (written or verbal) with customers and suppliers
  • Domains
  • Existing manufacturing relationships
  • Inventory on hand or on order at the time of closing
  • Marketing materials and collateral
  • Policy and Process documents
  • Registered trademarks
  • Relevant email accounts
  • Social media accounts
  • Vendor contacts
  • Website files, source code and content
  • e-Commerce platform accounts

Social Media

Facebook
6K followers
Twitter
0 followers
Instagram
2.6K followers

Post sale support

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

Included

About the Seller

garrett moreland

United States

Contact