Gold and Natural Gemstone Jewelry Ecommerce Sites

Asking Price:

$1,600,000

Financial Overview

Revenue:
$5,411,937
Income:
$856,213
Multiple:
1.86x

Business Description

For sale are two Ecommerce sites run under the same company: a men’s gold accessories business and a women’s natural stone bohemian jewelry line. Together they netted $856k in net profit in 2022.

Both sites were started in April 2022 by two brothers. The brothers are based in Amsterdam and the business is registered in Hong Kong. Each website dropships from one manufacturer (so two manufacturers in total), and acquire new customers via Facebook/Instagram ad campaigns run in-house by the owners. The owners are confident the manufacturers are willing to sign an agreement to protect pricing and the partnership.

There are no full-time staff; there are three Virtual Assistants that help with tasks.

The owners are looking to sell these Ecommerce sites so they can focus on one of their other brands.

© 2020. Business Exits, Inc