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125% YoY Growth Stylish Spiritual Jewelry Ecommerce Brand

6 June 2019
  • Ecommerce

Annual revenues

$464,430

Annual profit

$132,301

Multiplier

x 3.17

Asking price

$420,000

Business description

Last Updated on June 5th, 2019

Established in early 2017, this business has quickly established itself as one of the fastest growing and most stylish brands in the spiritual jewelry space.

With 125% revenue growth YoY, the business has carved out a reputation for providing beautiful, affordable, high-quality jewelry to style-conscious millennials. With nearly a 20% return customer rate and hundreds of 5* reviews, the products are in consistent, popular demand.

The business runs almost passively, with all storage, logistics and fulfilment outsourced to a reliable 3PL. The owner’s time is spent managing well-established PPC campaigns across Facebook & Instagram. The new owner has the option to outsource this to the seller, to focus on expansion or make the business 100% passive.

The business has very little product concentration with revenue split evenly across product lines and SKUs. All sales are through the site primarily via PPC campaigns and email autoresponders.

With a unique and eye-catching brand, small products, and fast turnover, the business has huge potential on other platforms like Amazon FBA as well as international expansion outside of the US.

This listing is managed by David Newell.

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