The idea for CupidBox came from my own personal experiences of long term relationships. 36% of couples hardly ever date, for a large variety of reasons. I wanted to try to make that process easier for couples and to help them reconnect and simply enjoy one another's company again.
The reason of selling this business
Due to changes in my circumstances, i simply no longer have the time to dedicate to CupidBox anymore. I know that CupidBox could grown and help so many more couples in the hands of someone who could really give their time and attention to it.
What's involved in running this business
Creating the box concepts, buying box contents, building the boxes, fulfilling orders, CRM to thegrowing email list, social media planning and updates, inventory management, listing management across multiple websites.
This business was founded:about 2 years ago
Time to run this business:approximately 15 hours per week
Traffic and Performance
Avg. revenue /month
$961
Verified
Avg. sessions /month621Verified
Avg. profit /month
$775
Profit Margin44%
Avg. sales /month60
Other details about profit:CupidBox is listed on several subscription box websites which generate their own sales. Obsolete inventory ios also sold via the CupidBox ebay store to generate another sales channel.
Total revenue
$24,980
Revenue data comes directly from Shopify and cannot be edited by the seller
Total traffic
16,146Visits
Traffic data comes directly from Shopify and cannot be edited by the seller
Expenses
Shopify plan
$29
/month
Domain
$25
/year
REcharge
$25
/month
Facebook
$70
/month
Sale Includes
Physical inventory
Not Included
Logo and branding assets
all logos, including banners, social media cover photos, advertising graphics, website photos will all be sent via DropBox file
Personal support after sale
A full handover of all operations including, box planning, buying, supplier information, fulfillment etc will be given, in written format. Support for day-to day matters will be provided for 2 months after sale. Support on other "ad-hoc" matters will be provided for 6 months after sale.
Domain
Product photos
Not Included
Social media
Total followers1,179subscribers
Suppliers
Information on current suppliers will be given for products which are bought routinely. Also, I will update the account managers from those suppliers of the new owners details.
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Verified listing data
The revenue and traffic data that you see on each listing is pulled directly from its Shopify account. This means that the data has been verified. Exchange reviews and monitors listings for thorough and accurate information.
Secure messaging platform
You will be able to communicate with sellers via a secure messaging platform. After you log in and request information from a listing, sellers are notified and have the ability to respond. When you are ready, you can make an offer.
Encrypted payment capture
Exchange and Escrow.com have partnered together to provide you with safe transactions that have bank encryption, making sure that payment is securely captured. Escrow.com ensures that its users pass verification checks before transactions can proceed.
Take time to inspect the business
Once you submit payment to Escrow.com and the payment has been secured, the funds are held until you confirm that all assets received are as negotiated. You can use the inspection period to ask the seller any extra questions about the business.
Safe store transfer
When the transaction is finalized, the dedicated migration team at Exchange will begin the process of making you the new owner of the store. Buyers and sellers will be notified via an email from the Exchange team once store transfers have been completed.
Post-purchase 24/7 Shopify support
Once you log into your Shopify account for the first time and choose a subscription plan, Shopify Support Gurus are available 24/7 to help you with the settings of the store.
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