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Online Jewellery Retailer

Undisclosed, West Midlands
Advert ID
03464 / Rightbiz
Asking Price: £125,000
Annual Turnover: £315,000
Annual Net Profit: £46,000
    Niche bespoke jewellery

    Large portion of jewellery made on site

    50% equity sale

    Scope to expand by upgrading website

    4.7 stars out of 5 on amazon

Intelligent Business Transfer are exciting to bring to the market this superb ecommerce jewellery retailer. The business prides itself on selling beautiful products that are niche and bespoke and cannot be found at corporate retail companies. This is a very profitable business that can be operated from anywhere to suit the new buyer. The business has a solid infrastructure and supply chain in place. This is an incredibly strong platform to build upon and there is enormous potential to expand. However, the business pays £90,000 + in commission alone to Amazon yearly. Therefore, it is essential for a new buyer to invest in a state of the art website which will incorporate an online shop, allowing customers to make direct purchases. This will help cut out the commission paid to Amazon. More commitment could be given to the marketing aspect of the business. A new buyer could utilise Facebook and Twitter accounts to drive more traffic towards the website. This could significantly increase the yearly turnover which stands at an impressive £315,000.With a strong online presence and high quality stock, this could be a brilliant opportunity for entrepreneurs looking for affordable lifestyle business. It would particularly appeal to those with an interest in ecommerce and jewellery making. Intelligent Business Transfer have been approached to find a suitable buyer for this exceptional business.
Listing Details
Location: Undisclosed, West Midlands
Sector: Internet Businesses
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Advert Reference: 03464 / Rightbiz

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