I think if you made a matching tag and tissue for it, you could get $1.00 a bag easy. Think about the ones you buy in the party outlet stores, a bag that size would at least be $1.00, maybe even $1.99.
How much do the lunch bags cost each? I know that one piece of colored cardstock is ~19 cents, Grosgrain Ribbon = 3 cents for 4 inches, 3 x 3 notecard tag would cost ~4 cents (made from 12x12 paper)
So... if the lunch bag was less than 14 cents a piece, then you would be making 60-70% profit.
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