Popular Online Jewellery Retailer

Colchester, Essex
REF: 03905

Asking Price:
£24,950
Annual Turnover:
£18,605
Annual Net Profit:
TBC
Recently Sold
REF: 03905
Photo of Popular Online Jewellery Retailer
Photo of Popular Online Jewellery Retailer
Photo of Popular Online Jewellery Retailer
Photo of Popular Online Jewellery Retailer

Overview

Tenure:
Relocatable
Established:
2005
  • Wide product range
  • Loyal customer base
  • High annual revenue
  • Professional e-commerce website
  • Further growth potential

This is a fantastic opportunity to acquire a well-established jewellery business which has gained a stellar reputation over the years for providing high quality products at competitive prices.
Operating solely online, this business has acquired a large customer base and by keeping overheads low, has successfully generated high yearly takings.
Due to lifestyle changes, the current owner is looking to pass this profitable platform over to a new buyer.
With firm foundation set, it offers great scope for further expansion.

This renowned retailer offers hand selected, high end silver jewellery products to its customers at competitive prices. Its product range includes: ladies’ bracelets, necklaces, earrings, rings, bags and scarves, men’s and children’s jewellery.
Trading consistently all year round, this business has grown organically through multi platform sales, affiliate’s and targeted marketing.
With large stock levels, it has a built a strong and diverse supplier base that provides a variety of quality branded and unbranded products. Brands include Antica Murrina, Lulu Guinness, Tales From The Earth, D for Diamond, Fred Bennett and many more.
The business manages a professionally built, user-friendly, e-commerce website which showcases the entire stock range, allowing users to make purchases efficiently. The website is optimised for high performance via desktop and mobile devices.
The company also sells through sites including Amazon and eBay with professional seller status. Additionally it operates sites on Facebook, Twitter, Pinterest etc, all of which aid advertising and drive sales. Orders, pricing and stock levels for all platforms are managed simply via the company’s single back office system.

Intelligent Business Transfer are excited to bring to the market this successfully trading business which has established itself as a high quality online jewellery retailer.
Founded in 2005, the business has gone from strength to strength and before it began operating on a part time basis in 2012, was successfully generating high annual turnover in excess of £45,000, with healthy profit margins.
This company has huge potential which can be utilised by a new buyer; for example, growing the supplier base to expand the product range would appeal to a wider audience; adding more men’s and children’s jewellery to its portfolio and offering watches, clothing and accessories.
There are opportunities to increase sales through many new third party websites and to grow the affiliate networks. A wholesale subsidiary is a simple add on to supply small retailers and the company has previously supplied corporate gifts and this outlet can easily be grown. Huge stock increase with minimal financial outlay is possible using a drop-ship model which is available through existing suppliers if desired.
Online sales can be supplemented by direct sales. There are many lucrative areas to expand in this way including sales at seasonal fairs and a home party business.
This business is for sale with stock, thousands of high quality images, branded packaging and stationery, opt-in customer lists and hundreds of social media followers. With the hard work done, this really is a multi-channel, business in a box opportunity to focus on growth.

Features

Online Presence

Website: www.spangle.co.uk

Location

Financial & More

Annual Turnover
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Annual Net Profit
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Stock at Valuation
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Company Accounts
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Trading Entity
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Management Structure
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Number of Employees
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Current Ownership
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