Flippa
FOR SALE
Business Name

Aslan Chai Inc.

Business Model
e-Commerce
Industry
Food and Drink

$11,950

Asking Price
Multiple 1.9x
This is a food business selling chai-tea, wholesale and online, with room to grow into other products like other unique tea blends or organic teas.
This business owner has manually entered their financials
This business owner has connected their site traffic with Google Analytics

Facts and Figures

Location
Canada
Date of Founding
2016
Full-Time Staff
Owner Operated
Annual Revenue
$16,000
Annual Expenses
$9,600
Annual Net Profit
$6,400
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 March 2019 April 2019 May 2019
Revenue $2,475 $1,022 $777
Expenses $1,485 $613 $466
Net Profit $990 $409 $311
Month April 2019 May 2019 June 2019
Pageviews 422 271 47
Users 146 111 12

Note: Traffic data was provided on 05 June 2019. Enquire for more recent data.

Business Description

We make our own proprietary blends of chai that are more flavourful than others on the market. We buy whole spices, grind, mix and package them in small batches for freshness.

How does your business make money?

We make money by wholesaling to local cafe's and shops as well as sell on our website and Amazon FBA. The business is seasonal with its busiest months being Sep-Apr.

Why should someone buy this business?

This business requires very little time to operate (10 hours per month) to continue its current trajectory. The products are unique and the brand is recognizable and all it needs is extra attention. It's always Amazon's choice for the KW "spicy chai tea" and 95% or more of the sales are made organically among all channels. Our own advertising costs are some minor Amazon PPC.

How can the future owner improve this business?

This business can grow if someone has the time to increase SKU's and increase distribution channels. Participating in food exhibitions and markets will greatly help the company grow. Also, if someone has the resources to increase ad spend then there will be more room for growth.

Why are you selling this business?

I started this company at the beginning of 2017 because I happened to make a product that people loved in a pop-up cafe. I sold the first few packages and people kept coming back. In all honesty, chai-tea is not my passion and I find it difficult to embody it and talk about it all day at exhibitions. This business needs someone passionate about food and/or tea to inject some energy into it.

Business Strengths

  • Brand and Community Loyalty
  • Customer Service
  • High Profit Margins
  • Low Return Rate
  • Scalable Business Model

Opportunities for a new owner

  • Launch New Products
  • Start Selling into New Markets
  • Introduce Further Revenue Streams

Key day-to-day operations

  • Website Maintenance

Marketing

  • Amazon PPC
  • Email Marketing
  • Instagram Advertising

Assets

  • Brand assets
  • Customer databases
  • Domains
  • Inventory on hand or on order at the time of closing
  • Marketing materials and collateral
  • Social media accounts
  • Website files, source code and content
  • e-Commerce platform accounts

Social Media

Facebook
65 followers
Twitter
0 followers
Instagram
2K followers

Post sale support

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

Included

About the Seller

Aslan Amini

Verified Account

Canada

I'm a BCOM graduate and aspiring entrepreneur. This is the first business I've run and I've learned a lot along the way and I also learned that there are other ventures that make can be more fulfilling for me. It's hard to let go of something I started from scratch but at the same time I don't have enough time and energy to run it anymore. I hope the next owner will be able to take advantage of its full potential.

Contact