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Luxury Watch/Jewelry e-Commerce Company

Atlanta, GA
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Cash Flow:$1,780,000
Inventory:$1,500,000
FF&E:$237,000
Gross Revenue:$14,550,000
EBITDA:$1,515,000
Established Year:1969
Listing ID: 2223216Listing provided by BizBuySell
BUSINESS DESCRIPTION

Jewelry e-Commerce Company

The Retail Luxury Watch and Jewelry e-Commerce Company is a C-Corporation and was incorporated in June 1993 in its current form, although the company has operated since 1969. The company focuses on e-Commerce in the luxury watch and fine jewelry industry. The company has served over 20,000 customers worldwide working with famous brand names such as Rolex, Breitling, Cartier, David Yurman, Patek Philipp, Tiffany & Co. and many more. All items include a certificate of authenticity and a lifetime warranty. The company has sustained annual sales that exceed $14.5 million with recent years exceeding $18.8 million. The company is positioned for steady growth and more explosive growth under the leadership of a buyer with a marketing and sales background.

NDA is required to secure the comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

DETAILED INFORMATION
Location
Atlanta, GA
Inventory
Not Included in asking price
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Negotiable. The 1,900 square foot building is owned by another entity with monthly rent cost of $10,000.
Competition
The company operates in a competitive environment with larger, national companies in the e-Commerce space. The company’s client base is niche with several repeat clients and word of mouth growth.
Growth & Expansion
Dedicated marketing and sales could greatly increase the sales and profits of the business. The company is increasing their online marketing and expanding its supplier base.
Support & Training
To ensure a smooth transition and ongoing success the Seller will work with a buyer directly as needed. One seller is willing to continue for several years if so desired.
Reason for Selling
One owner wants to fully retire and the other owner would prefer to take more of
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Greg
Martin
ProNova Partners
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Greg Martin
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