Precious Jewels
Annual revenues
$217,000
Annual profit
$33,800
Multiplier
x 2.96
Asking price
$100,000
For sale is an e-commerce business serving B2B and B2C customers in the precious jewels niche.
Established in 2006, the business has stood the test of time to become a cornerstone in the synthetic diamonds industry. With a proven brand and years of operational history, allowing for strong supplier relationships and a vast product selection, the business has captured a portion of the ever-expanding market for lab-grown diamonds.
As a cleaner and environmentally-friendly alternative to traditional diamonds, lab-grown diamonds are growing in user popularity. With the market for lab-grown diamonds valued at $3.5 billion in 2017 and predicted to grow at a c.7% CAGR to 2025, the business is optimally positioned to capture an increasing portion of this market to scale to the next level.
With over a decade of operations under its belt, the business has secured robust supplier relationships while continuously nurturing customer loyalty. This has helped drive strong repeat rates while providing plenty of expansion opportunities using the strong brand and supplier network.
This business presents a great acquisition opportunity for a new owner looking to take over an established e-commerce business, primed to capitalize on shifting consumer trends for additional growth.
Broker
FE International
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