Number of bedrooms

0

Number of bathrooms

0

Pool

Built m²

0 m²

Commercial , Undisclosed, Spain

€ 169 000

This Canvas Art company supplies canvases around the world, it is quite unique and has unlimited potential.  With its wide range of designs they hope to have a complimenting piece of art work for every household.  Not only do they sell their own designs, there is a personalizing option as well which makes them unique in the market.The company currently has over 8,000 email subscribers, 15,500 Instagram followers and 2,400 Facebook followers, they have built a well known brand which continues to grow day by day.The online shop was founded in April 2020 and it has accomplished a lot ever since the beginning with a revenue of 365.000 euros over the last 12 months of which 318.000 euros is from 2021 only!The statistics show growth comparing 2021 with last year.2020 - average order value of €200.00, returning customer rate of 4,3% and a conversion rate of 0,78%2021 - average order value of €290.00, returning customer rate of 8,71% and a conversion rate of 0,92%With the use of the print-on-demand system from just one supplier, the processing of orders and communication goes smooth and easily. They offer the highest quality Canvas Artwork in the market. The top countries to supply have been Australia, Canada, United States, United Kingdom and Germany. Germany being a top country thanks to the cooperation with a big interior store since September 2021. Besides the B2B Collaboration with the German interior store, we have had a request from a Polish interior store very recently. This could lead to more brand awareness and revenue. They are currently working on the collaboration. They have ran Facebook and limited Google advertising only, so there is a lot of opportunities within the online marketing expanding the advertising channels using Pinterest and Tiktok, Snapchat. Influencer and Affiliate marketing is something what would fit this brand perfectly and could impact the annual revenue significantly.The email marketing has been set-up a few months ago which show a lot of potential exploring this even further.The current owner and creator of this webshop with it’s endless potential believes it is ready for it’s new owner.This business can be operated from anywhere.Asking €169.000. Profit €85.000

Country Spain
City Undisclosed
Price (€) 169000
Property Type Commercial

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