All prices in USD
$160,000
  • Avg. revenue /month
    $2,821
  • Avg. sessions /month2,588
  • Avg. profit /month
    $2,204
  • Inventory value
    $50,000

Business Story

Why this business was started

Crann started in 2018 with a mission to introduce eco-friendly products to a large demographic of consumers. We believe that by upcycling and recycling materials into products he can play his role in the clean up and reduction of waste pollution in the world. Recycling materials can reduce the consumption of new waste materials, reduce energy usage and ultimately reduce pollution. All our products are made from 100% recycled materials!

The reason of selling this business

I'm a serial entrepreneur I like building thing from the ground up. I have a demanding full-time job which means that I don't have the time to put into this business anymore or the investment to really make it a million euro company.

I'm also in the process of starting a business in a different space (Software/tech) and my time is going to be taken up with this for the most part.

What's involved in running this business

The current business owner spends an average of 5-7 hours a week working on the business.

2 people running the business, I am involved in:

-Designing products -Communicating with manufacturers for samples and designs -Packing orders and processing exchanges and returns -Responding to customer queries via email and socials -Organising photoshoots -Creating EDMs and content for socials -Pick and packing -Design of boxes, materials etc

More

-All Inventory is now managed by CRANN Directly. -Email is managed by an CRANN. -Customers receive their orders within a few days, and the business has over 1000 positive reviews. We ship next day -Customer service is managed by a Virtual assistant.

ALL THE HARD WORK IS DONE THIS IS A READY MADE PLUG AND GO BUSINESS!!!

This business was founded: over 4 years ago
Time to run this business: approximately 5 hours per week

Traffic and Performance

  • Avg. revenue /month
    $2,821
    Verified
  • Avg. sessions /month2,588Verified
  • Avg. profit /month
    $2,204
  • Inventory value
    $50,000
  • Profit Margin44%
  • Avg. sales /month70
Other details about profit: Almost 100% of customers are based in the Ireland, UK & EU. Before 2020, the business had 12.81% of its orders from repeat customers. In 2021, orders from repeat customers is around 17.39% 2022, year to date increase to 26.42% AOV 2020 - €73.50 2021 - €90.59 2022 - €185.35 Financials 77% YoY Growth while being bootstrapped and with no Debt! -We work on 70%+ margins for D2C -50% margins for Wholesale -60% margins for Dropshippers
Total revenue
  • $143,865
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 131,999Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $29
      /month
    • Inventory warehouse
      $1
      /month
    • Domain
      $12
      /year
    • Software
      $140
      /month
    • Google
      $250
      /month
    • Shopify apps
      $22
      /month
    • Shipping
      $1,000
      /month

    Sale Includes

    • Physical inventory

    • Logo and branding assets

      All will be passed on via a Google Drive account which I will share with you.
    • Personal support after sale

      More then happy to help with this as much as possible my day job is in Marketing and Sales Consulting for the Largest Marketing Software Company in the world so more then happy to help here. I will offer 3 months of support
    • Domain

    • Product photos

      All will be passed on via a Google Drive account which I will share with you.
    • Social media

    • Suppliers

      Established manufacturer relationships (will be transferred to the new buyer): Watches: China Eyewear: China Sunglasses: China Accessories: Ireland
    • Mailing List

      6,000subscribers

    Seller‘s Advice

    How to grow this business

    Opportunities for growth

    The right person/company who uses Social ads can make a fortune here as we decided to build a tribe organically which has worked very well but now it's time for real growth and investment in the D2C space. I have a demanding full-time job which means that I don't have the time to put into this business anymore or the investment to really make it a million euro company. Already in the largest Gift Shop Brand in Ireland, Massive growth in Retail.

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