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- RE: Growing ECommerce Brand In The Men's Jewelry
- 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: | 2021 | |
Employees: | Not Disclosed | |
BBN Listing #: | 942761 | |
Broker Reference #: | WC 3322 |
Business Overview:
Website Closers presents an eCommerce Jewelry Brand that exclusively offers products for Men. As the company has discovered, there is very high demand among their male customers for the kind of stylish, fashionable SKUs they are producing. The company is quick to capitalize on new trends, instantly designing more SKUs and getting them rapidly to market, often in just a few weeks. This not only keeps their inventory fresh but has enabled the company to expand to nearly 150 SKUs. At an Average Order Value of $72 and gross profit margins in excess of 85%, their products are not only unique and private label, but affordably priced. This has given the company lots of glowing reviews and their Repeat Customer Rate just shot up to 13%. Here are several key performance indicators for this brand: Jewelry Line focused on Men’s Jewelry Excellent customer reviews Products made using quality materials that minimize breaking or tarnishing High gross margins of 85% and net profit margins of 30% since inception Over 70% of sales are DropShipped, requiring minimal inventory investment Fully turnkey business operations with outsourced email marketing, customer service, and order fulfillment Owner spends about 2 hours per week managing the business.
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Reason for Selling:
2
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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