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- RE: SBA PreQual Subscription Box Brand | Ed-Tech Prods
- Contact: Ron Matheson
Quick Facts
Asking Price: | $890,000 | |
Annual Revenue: | $611,655 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $258,691 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2015 | |
Employees: | Not Disclosed | |
BBN Listing #: | 987354 | |
Broker Reference #: | WC 3613 |
Business Overview:
WebsiteClosers® presents an SBA Pre-Qualified Subscription Box company. The company offers a monthly subscription service delivering DIY electronics projects, components, and tools to enthusiasts interested in electronics, computer technology, and hacker culture. Each box includes materials for hands-on projects, with free online guides available to assist subscribers. The company also provides workshops and toolkits covering topics like soldering, hardware hacking, and penetration testing. Through these offerings, this eCommerce business aims to foster a community of makers and hobbyists passionate about exploring and creating with technology.
As an SBA Pre-Qualified company, Qualified Buyers will have the opportunity to purchase this business using an SBA Loan process with as little as a 10% down payment. The balance of the loan amortizes over 10 long years, at highly competitive interest rates.
Over the 9 years since they were founded, this brand has curated a line of private-label DIY electronics and computer technology presented in an educational context. While they offer a number of popular educational workshop kits and related items, their specialty is their subscription box, which provides a steady supply of products and sees solid subscriber numbers of over 900.
Their success among their customer base, which is largely made up of US men in the 25 to 55 age range, has led to 42% net profit margins, a low customer churn below industry average, and a total LTV of $320. Their monthly subscription boxes are priced at $44, with their direct orders generally falling in the $50 to $150 range.
Here are some of the brand’s notable KPIs:
• SBA Pre-Qualified
• 42% Net Profit Margins
• Steady Flow of Revenue from Subscriptions
• Established 9 Years
• Low Customer Churn
• $320 LTV
• 900+ Subscribers
• Low Operating Expenses
Current ownership works 16 to 20 hours per week, which they spend on product design, curation, teaching, product operations management, and eCommerce operations. Shipments are processed from their office approximately once per week, and when the monthly subscription shipments go out, they ship all 900 to 1,000 boxes at once.
The company does little paid advertising, instead focusing a limited amount of free social marketing. This marketing typically consists of posts on Twitter/X, with occasional posts on Facebook, Reddit, and YouTube as well.
If you’re interested in learning more about what this deal could add to your portfolio, please contact Website Closers today for more details from our brokers.
WC 3613
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Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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