On offer is a thriving jewellery business comprising a lucrative online store and a successful retail presence. Leveraging its popular products and existing relationships with other retailers, a buyer with strong sales expertise or industry connections has the potential to exponentially increase the current revenue.
*FY23 SDE $320,000 of 2.5M revenue
*160,000 combined followers (Facebook, Instagram & TikTok)
*P&E Worth $31,351
James Wang and the team at LINK Melbourne are proud to present this well-established jewellery online and retail store to the market.
Currently on offer is a highly profitable jewellery business established for over five years and boasting a strong market presence. With sales primarily driven by e-commerce (75%), followed by retail (20%) and wholesale (5%), this business offers a diverse revenue stream.
Further, it encompasses trademarks on original designs, a substantial social media following, and membership in a network of e-commerce businesses.
While currently based in Melbourne, this business offers the flexibility to be easily relocated anywhere in Australia. Furthermore, there is a significant growth potential in the USA, with connections to a 3PL and ad agency ready to make an impact once established.
This business holds significant potential and the opportunity for increased revenue. By focusing on wholesale sales and leveraging existing relationships, there is ample room for scaling growth and expanding the business.
To learn more about this exciting opportunity, contact me today!
Listing ID: 17123
Broker: James Wang
Phone: 0488 940 561
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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