Seller's Contact Information
- RE: Men's Jewelry ECom Brand - 30% Net Margins
- Contact: Ron Matheson
Quick Facts
Asking Price: | $675,000 | |
Annual Revenue: | $762,565 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $229,522 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2020 | |
Employees: | 2 | |
BBN Listing #: | 935245 | |
Broker Reference #: | WC 3226 |
Business Overview:
Website Closers presents this dazzling eCommerce brand in the Men's Jewelry Market has won over their audience in spades, earning gross margins of over 85% and net profit margins of over 30% since their inception. The key to their success has been their gleaming line of durable, tarnish-resistant rings, pendants, bracelets, chains, cufflinks, and more, which make up a diverse range of nearly 150 SKUs. The sheer variety of products that they offer means that regardless of the type of jewelry their customers are looking for, the brand is sure to be able to meet their demand. Their quality has given them an Average Order Value of $72.45, and with 50% of their sales being DropShipped, the company requires very little inventory investment to handle their large number of products. Their golden reputation has let them flourish across TikTok, Instagram, and Facebook, and their presence on these social media platforms has led to a strong source of organic traffic that further improves their relationship with their audience. They also utilize several other marketing tactics, including a blog on their Shopify website, paid Facebook ads, and a recently outsourced email marketing campaign.
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Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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