Flippa
FOR SALE
Business Name

Knife Pack

Business Model
e-Commerce
Industry
Sports and Outdoor

$39,999

Asking Price
Multiple 1.8x
This business owner has manually entered their financials

Facts and Figures

Location
United States
Date of Founding
2017
Full-Time Staff
Owner Operated
Annual Revenue
$40,080
Annual Expenses
$17,832
Annual Net Profit
$22,248
Note: Where the business is less than 12 months old the annualized data represents total sales for the period of operation.

Business Description

This is a subscription business.
Our members receive one new knife in the mail each month.
We have shipped thousands of packages this far, and the business is completely turn key, ready to make you passive income each month.
As the owner, I check my email once a day to see if there are any concerns. Shipping is done once per month for our members, so if you would like to ship the orders yourselves, the time investment is about 2 hours per month. Or you can also use a Fulfillment center which costs about $0.50 per shipment. The choice is completely up to you

Why should someone buy this business?

This business is EXTREMELY PASSIVE, and has huge room for growth with marketing efforts as well.

As a subscription business, inventory is only ordered based on paid subscriptions (Meaning there is no guessing or risk in ordering inventory because you are only ordering inventory for orders that are already paid for)
The community is passionate, and loves being part of the subscription as it is a surprise each month. People LOVE ordering prepaid subscriptions as gifts for people as well. It is an extremely unique idea, that is very low effort to operate, and continues to bring in GREAT passive income each month.

How can the future owner improve this business?

The owner could grow it at even faster rates with influencer promoted partnerships/marketing efforts. The new owner also has the choice between fulfilling the orders themselves or using a fulfillment center to completely free up their time, while still collecting the passive income.

Business Strengths

  • Evergreen Niche
  • Passive Revenue
  • Positive Customer Reviews
  • Scalable Business Model
  • Turn-key Operations

Opportunities for a new owner

  • Improve Current Marketing Efforts
  • Improve or Outsource Operations
  • Increase Basket Size Per Customer

Key day-to-day operations

  • Customer Support / Service

Marketing

  • Influencer Marketing
  • Partnerships
  • Word of Mouth

Assets

  • All Site Content and file

Social Media

Facebook
50 followers
Instagram
15K followers

Post sale support

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

Included

About the Seller

Edward McGuire

Verified Account

United States

Hi! My name is Edward and I am a young entrepreneur OBSESSED with PASSIVE INCOME!
My focus is to build brands that are completely turn-key, bringing in great passive income, with as little work required by the owner as possible. I value time tremendously, so when I build a business the focus is the largest return while maintaining the most time effective strategy.

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