All prices in USD
$5,950
  • Avg. revenue /month
    $479
  • Avg. sessions /month435
  • Avg. profit /month
    $200
  • Inventory value
    $500

Description

General description

New England's Finest is the northeast’s premiere gift box company delivering curated boxes of gourmet food items. Each gift box includes 4-6 hand selected and high-quality products around a specific theme (e.g. Chocolate Lovers, Summer BBQ, Cocktails & Entertaining, etc.) from across the region and are delivered to customers all over the U.S. who have an interest in and appreciation for New England's distinct flavor and charm. Simply put, our mission is to curate and deliver the best New England has to offer - from the Cape to Beantown to the White Mountains.

Why should someone buy this store?

This is the perfect opportunity for any entrepreneur who has an appreciation for New England and wants to transition to managing their own eCommerce business relatively quickly and inexpensively without the hassle of addressing dozens of time consuming logistics including: - developing a new website - shipping - brand development - social media presence

This turnkey business is ready for the right person to take this niche service and grow it even further. All you will need to start is already in place including: - Excellent brand awareness and following - Thousands of social media followers - Over 1,000 email subscribers - Strong business relationships with over 70 regional partners - Established and high quality IP and branding elements including custom artwork, graphics, logos, design files, and hundreds of promotional photos

As a service to the new owner, the seller will make himself available to assist in the transition for up to 30 days after the sale.

How can the future owner improve the business?

Since May 2017, the business model of New England's Finest has been at the intersection of serving the promotional needs of small and midsize gourmet food makers in the region and offering a unique food experience to those who feel nostalgic about the region. The sky is the limit for this business and several near turn ways the new owner can maximize their ROI is to: - Offer custom gift boxes - Offer higher and lower price tier box options - Grow the corporate gift arm of the business further - Increase advertising investment - Expand lifestyle and branded merchandise arm of business

What work have you put into the store?

We have built this business from the ground up over the last two years: - addressing all the logistical needs - investing in the necessary hardware, software, and marketing collateral as well as a substantial library of brand assets including custom artwork, graphics, and hundreds of photos. - developing strong partnerships with dozens of companies across the region - building a strong community of customers and prospective customers across 3 different social media channels and a growing email subscriber list - Attracting the attention of some major media outlets including New England Monthly, the HIPPO Press and CNN.

Time to run this business: approximately 10 hours per week

Traffic and Performance

  • Avg. revenue /month
    $479
    Verified
  • Avg. sessions /month435Verified
  • Avg. profit /month
    $200
  • Inventory value
    $500
  • Profit Margin20%
  • Avg. sales /month20
Total revenue
  • $11,981
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 10,880Visits
  • 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
    • MailChimp
      $1
      /month
    • G Suite
      $5
      /month
    • Monthly print newsletter (cost per copy)
      $1
      /month

    Sale Includes

    • Physical inventory
    • Logo and branding assetsWe have dozens of design files that will be transferred to the new owner via Google Drive.
    • Personal support after saleThe team is happy to support the transition for the first 30 days.
    • Domain
    • Product photosWe have hundreds of promotional photos that will be transferred to the new owner via Google Drive.
    • Social media
      Total followers4,800subscribers
    • Suppliers
    • Mailing list
      1,200subscribers

    Seller‘s Advice

    How to grow this business
    • Offer custom gift boxes
    • Increase advertising investment
    • Expand lifestyle arm of business and diversify branded merchandise
    Skills to have
    • Knowledge and love for the small batch and gourmet food market in New England
    • Strong communication and customer service skills
    • Shopify experience
    • Leveraging social media as a marketing channel

    Share

    MG
    Matt G.Running this business for about 2 years
    A native New Englander who struggles with using the word “yankee” to describe himself, Matt is a part-time entrepreneur and 15-year marketing and management veteran in the education, nonprofit, and social enterprise sectors. He has a bachelor's degree in Theatre from the University of Massachusetts, an MBA from the University of NH, and owes any successes he has to his family and left-handedness. He is looking to sell because he is in the process of starting a new business.

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