Niche Jewelry Business with Online Component
Asking Price: | $490,000 |
Gross Revenue: | $360,000 |
Established Year: | 2011 |
Cash Flow: | $210,000 |
Inventory: | $125,000 |
Retirement Sale - Strong Bay Area & Pacific Northwest Following
This business is a renowned jewelry design and e-commerce business that has risen to success by serving a rapidly growing, but previously overlooked customer base. Internationally recognized for its bold designs, customers from around the world seek out the brand’s wedding sets, and statement pieces made from premium materials including white gold, yellow gold, sterling, platinum, diamonds, and gemstones. In addition to its online store, and in-studio consultations, the brand has been carried in museums, and recognized in major publications.
Currently, the business is 80% online sales, and 20% in-studio consultations, however, its distribution channels could be expanded by new ownership. Relocation of the business could occur with limited interruption to the business model. The brand has a dedicated social media following, with more than 35K followers on Instagram, and the online store has been meticulously crafted, in keeping with its luxury products.
Perfect opportunity for an up-and-comer in the jewelry industry, or a bolt-on acquisition for a jewelry company that wants to authentically reach a new marketplace.
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FASTSIGNS
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