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- RE: Luxury Watch/Jewelry E-Commerce Company
- Contact: Rick Carlson
- License #: 1820673
Quick Facts
Asking Price: | $0 | |
Annual Revenue: | $14,550,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $1,780,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1969 | |
Employees: | 6 | |
BBN Listing #: | 944869 | |
Broker Reference #: | 1218 JEWELRY |
Business Overview:
The Retail Luxury Watch and Jewelry e-Commerce Company is a C-Corporation and was incorporated in June 1993 in its current form, although the company has operated since 1969. Â The company focuses on e-Commerce in the luxury watch and fine jewelry industry. The company has served over 20,000 customers worldwide working with famous brand names such as Rolex, Breitling, Cartier, David Yurman, Patek Philipp, Tiffany & Co.
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Property Features and Assets:
Facilities: Negotiable. The 1,900 square foot building is owned by another entity with monthly rent cost of $10,000.
Market Competition and Expansion:
Competition: The company operates in a competitive environment with larger, national companies in the e-Commerce space. The company’s client base is niche with several repeat clients and word of mouth growth.
Reason for Selling:
One owner wants to fully retire and the other owner would prefer to take more of a manager role rather than a lone-owner role inAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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