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Successful Internet Jewelry E-Tailer
Location: United States -> New Jersey
Industry: Technology – Internet Related > E-Commerce and E-Tailers




Business Summary

The Company started more than 30 years ago as a family-owned jewelry shop in the northeastern US. After having owned and operated multiple retail bricks and mortar locations around the area for years, the Company launched its first e-commerce website in late 1999. By carefully selecting top quality and cutting edge fashion jewelry lines, the Company has positioned itself as a specialist in the marketing of quality charms for bracelets and necklaces. By leveraging state-of-the-art search engine optimization tools and other e-commerce marketing technologies, the Company web sales have exploded with over 2.8 million visitors and almost 70,000 sales transactions last year. Growing at 35% per year over the last five years, the Company remains both highly profitable and fast growing with no slowdown expected over the next few years. With 99% of all sales now conducted through the Company's website, the Company has reduced its brick and mortar retail footprint to just one location which also doubles as the Company's e-commerce operations headquarters.

By properly managing the Company's 30,000 piece collection and continuing to seek the best in new, exciting fashion jewelry lines to offer it growing customer base, the Company will shortly become the ''go-to'' website for the best in charms and quality jewelry. Further, the Company will continue to invest significant resources in identifying and integrating the best-of-class internet marketing tools as they become available. In addition to specializing in high quality charms, the Company also markets rings, necklaces, bracelets, earrings, watches and other jewelry products. The Company also provides services that include gift wrapping, etching and engraving, charm attachment, charm conversion and custom designing

Retiring owner will help with transition.


Financials

Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   $7,500,000
Cash Flow:   $1,000,000
Cash Flow Type:  EBITDA
Inventory:  $2,500,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1983
Number of Employees:  6 - 9
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Yes through transition
Reason For Selling:  Owner is retiring




Print Listing Id: 700196315
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Related Searches: Application Service Providers  >  E-Commerce and E-Tailers  >  Internet Service Providers  >  Web Design and Software Development  >  Other Technology - Internet Related  > 

Also See: Franchise Opportunities > Franchise Resales > New Jersey Businesses For Sale > New Jersey Franchises For Sale > New Jersey Business Brokers



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