Online Bridal Jewelry Store For Sale - 35579 Business Type: home-based business,internet consumer services (b2c),jewelry store,misc. retail/non-classifiable,seller financing available,wedding gowns/accessories,internet businesses
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $450,000 | Down Payment | $300,000 |
| Gross Revenues | $1,580,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $192,000 | Number of FT Employees | Register Free to View |
Financing
$300,000 Down and Balance of $150k at 10% for 24 months.
Business Description
Running a profitable online bridal jewelry store from home can be very fulfilling.
This business has identified a special niche in bridal jewelry.
Customers love this company as they have 1,100 subscribers paying a $59.95 a month and growing.
They have a big online presence a special software specifically designed to help run the subscription.
This business was established 4 years ago and has shipped over 400,000 orders.
They currently ship 30 to 100 orders everyday.
If you think people are not going to be married in the future, don't request information on this listing, it isn't the right business for you.
If you think marriage will keep going, rush to the "request info" button as this business is perfect for you!
This business will be sold in less than a month, hurry now, this business can be yours!
To sweeten the deal, the seller is also offering a discount on cash offers, making the total price $615k without financing.
Contact the broker, Nathan Goldstein at 877-735-5224 for more informaton.
As per the seller: the new buyer can double the value of the business by improving the credit card fee. Right now the last 16 months avg. 12%. It can be half that.
The current owner has paid $283k in credit card fees, another operator would see that cut in half saving $106k a year or $318k in value at 3X.
That would bring the value to any buyer up to $848 running it as is.
If you have your own fulfillment center of your own, you'll see a $54k a year warehouse savings or another $162k in multiple value bringing it to a value of $1 million.
You'll also see the savings in shipping costs as we pay around $7 an order to ship.
An existing warehouse who is already shipping product would see that drop to $4.50 an order. Saving $51k a year or adding another $154k to the value, bringing the real business value to $1.17 million.
You'll go from $14.7k a month to $23.5k when you change processing companies.
And if you have your own warehouse you'll save $9k a month on average, bringing your monthly profit to $32.5k when you average $136k in sales at a 24% profit margin.
Attention Business Owners:
We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
