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EXCITING RECURRING REVENUE INTERNET COMPANY IN THE KNITTING SUBSCRIPTION BOX CATEGORY

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This website for sale is every entrepreneur’s dream – a high margin, unique Internet Company that has significant, near term growth opportunities. And what’s better – this company operates on a subscription basis (recurring revenue). All sales are direct to consumer via a fresh, modern eCommerce website with no sales currently on any other channel, which is an immediately opportunity for scale.

The business has been quite successful since inception (2012). The company was started in order to bring premium, unique goods to artists that work in the knitting sector – both new and experienced – from around the world – with a touch of fun and surprise. The curated subscription packages and kits sold by the company can ease the need for knitters to constantly have to discover new projects, while promising premium materials.

The company delivers a surprise package to a subscriber’s doorstep with a fun knitting project – customers are going crazy for this, as can be seen from the over 80,000 Facebook followers they have already amassed. Subscribers receive a package of premium yarn, a pattern for a project to complete, as well as some extras. Yarn is sourced from both well-known and emerging brands that have been hand-selected for quality. The company has also partnered with independent dyers to offer subscribers and non-subscribers exclusive colorways. Whether a beginner, or an advanced knitter, subscribers are consistently presented with fresh and fun ideas in each package received. A great business model that has been well presented, well received, and ultimately, will be well liked by acquisition suitors at market.

This Business Represented by:
WebsiteClosers.com
Technology & Internet Business Brokers

Asking Price
$ 1,500,000
Cash Flow
$ 400,025
Gross Income
$ 1,215,051
Year Established
2012
Employees
2

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