Project Description
Well established, 4-year-old, Subscription Box eCommerce Business focusing on beauty and cosmetics products. Over $11,000,000 total in sales and $2,000,000 profit over the past 4 years! Strong, easy to remember domain name. Average order size is $68. 100% orders are fulfilled from 3rd party fulfillment center. Approximately 250,000+ customers in database. Diversified sales generation model with 49% Social Media, 21% Paid Advertising, 20% Direct Traffic, 8% Search Engines and 2% Referrals. The owner puts in approximately 10 hours per week managing the business. 16 freelance employees handle the day to day management of the business remotely all across the world. High growth opportunities include continuing the expansion of product lines, PR Campaign, expansion into marketplaces such as Amazon, Walmart, eBay and affiliate marketing campaign. The seller will provide strong transitional support to ensure the new owners feel totally comfortable with operation of the business. Business can be operated anywhere in the world. Owner is selling to focus 100% of his efforts to his new startup AI technology company.