Flippa
FOR SALE

GrandBox

Business Model
e-Commerce
Industry
Internet

$80,000

Asking Price
The Original subscription box for seniors, grandparents, and older loved ones.
This business owner has manually entered their financials

Facts and Figures

Location
United States
Date of Founding
2015
Full-Time Staff
Owner Operated
Annual Revenue
$180,000
Annual Expenses
$132,000
Annual Net Profit
$48,000
Evidence of Revenue
Note: Where the business is less than 12 months old the annualized data represents total sales for the period of operation.

Business Description

GrandBox curates and delivers monthly subscription gift boxes for seniors, grandparents, and older loved ones. We can personalize each box with family photos and a note.

How does your business make money?

We make money selling monthly, 3 month, and 6 month subscription gift boxes ordered for grandparents and seniors. Each box is curated, themed, and personalized for the older loved ones in your life.

Why should someone buy this business?

We're the original senior subscription gift box in the marketplace, outlasting most competitors, with a nimble business model, and high quality products. Impeccable brand equity.

The business currently maintains nearly a 95% retention rate, good profit margins, and year to year revenue growth. Currently average 400-900 customers per month, depending on the time of year. Co-owners put in approximately 20-30 hours combined per week managing the business. Perfect business for new or experienced business owner. Very little overhead or back inventory.

How can the future owner improve this business?

With the right owners there is a HUGE opportunity to expand into growing markets (women, millennials, baby boomers) using PPC, SEO, PR, affiliate marketers, TV, radio, podcast ads/reviews, and partnerships (product sellers, senior living centers). So with the right marketing mix, GrandBox is rip for huge growth.

Business Strengths

  • Positive Customer Reviews
  • The Business Is Currently Growing
  • Well Established and Unique Brand
  • Overall Market Size
  • Low Acquisition Cost for New Customers

Opportunities for a new owner

  • Capitalise on the Emerging Market
  • Improve Current Marketing Efforts
  • Advance or Explore Retail / Distribution Partnerships

Key day-to-day operations

  • Customer Support / Service
  • Managing Inventory
  • Order Fulfilment
  • Product Sourcing and Design
  • Product photography

Marketing

  • Facebook Advertising
  • Influencer Marketing
  • Word of Mouth

Inventory

Units
-
Value
-

Assets

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

Social Media

Facebook
860 followers
Twitter
3.3K followers
Instagram
880 followers

Post sale support

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

Included

About the Seller

Private Seller

Andrew Papier

United States

Contact Seller