Gift Baskets Business

Business Idea: Start A Gift Baskets Business in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$188K
Avg Startup Costs
$35.3K
Score
75
Avg Revenue
Min Revenue
$550/month
Max Revenue
$800K/month
Avg Days To Build
135 days

A gift basket is delivered to the recipient at the workplace or residence. A gift basket business is a noble idea because, with a proper strategy, you can remain in business all year round.

To start a gift basket business, choose a niche or a sales channel, and register your business appropriately. Then, with a proper marketing strategy, you should be able to reach a broader customer base.

Revenue & Profitability

How much do gift baskets businesses make?

Startup Costs

How much does it cost to start a gift baskets business?

  • It can cost as low as $1,000 to start a gift baskets business.
  • It can cost as high as $40,000 to start a gift baskets business.

Learn more about the costs of a gift baskets business.

Examples Of Successful Gift Baskets Businesses

Successful gift baskets business businesses and case studies

Meet Tyler Macke, the 21-year-old founder of SendAFriend, an e-commerce brand that sells stuffed animal care packages, which began with $50k in revenue in 2019 and is now on track to make $5M in revenue this year, while donating 10% of revenue to children's hospitals throughout the United States.

$800K Monthly Revenue
$1K Startup Costs
Read by 18,076 founders

Dick At Your Door is an e-commerce shop that grew almost 10x within the last eight months by selling anonymous pranks such as 5 oz chocolate penises, and its founder shares his journey that started as a joke to becoming a professional chocolatier.

$125K Monthly Revenue
Read by 16,676 founders

See full list of successful gift baskets businesses.