Niche Jewelry Business with Online Component

King County, WA

Seller Financing Available

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Asking Price:$490,000
Gross Revenue:$360,000
Established Year:2011
Cash Flow:$210,000
Inventory:$125,000
BUSINESS DESCRIPTION

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.


DETAILED INFORMATION
Location
King County, WA
Inventory
Included in asking price
Financing
The seller will finance a portion of a sale for a qualified buyer.
Support & Training
The seller will provide an appropriate amount of transition training/consulting to smoothly transfer ownership of the business.
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Gregory
Kovsky
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Gregory Kovsky