Established in 2017, a wellness jewelry brand was created by two founders following their departure from a previous business endeavor. Starting with a modest budget, they identified a gap in the wellness jewelry niche and quickly grew their business from the UK to an international presence, particularly in the USA. The business achieved substantial financial success, generating over $4.5 million in revenue and maintaining consistent monthly profits between $20k to $30k at its peak. Holidays such as Valentine's, Easter, and Christmas provided notable sales surges, contributing to its steady growth.
The founders have since shifted their focus entirely towards building a property portfolio, leaving the business without their full attention. Recognizing its potential, they believe the company can regain $10k+ profit months with some attention and improvements. Key highlights of the business include being one of the first chakra jewelry brands on a major online marketplace, boasting strong supplier relations, and receiving over 10,000 positive customer reviews. The business's growth has been primarily organic, with minimal advertising expenditure.
There are numerous opportunities for further expansion and profitability, such as entering European markets with low competition, optimizing product imagery, and cutting underperforming SKUs. Additionally, creating a dedicated brand website could leverage existing brand recognition and enhance sales. Operationally, the business requires minimal oversight, with a virtual assistant managing queries and stock orders. Financials in 2023 indicate an average monthly profit of $3,700 and revenue of $29,582. The current owners offer full after-sale support and are open to reasonable purchase proposals.
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Before making an offer
1. Look for verified sellers. Sellers should verify their email, phone, and government ID. When a seller has completed all verifications, we identify them with a checkmark like this:
2. Review financials. Financials are seller-provided inputs. Always ask for verified financials. Ask for a tax return or request access to their dashboard. if it’s an ecommerce store get a transaction report.
3. Review traffic. Sellers can grant you access to Google Analytics. Ask for read-only access to verify site traffic.
4. Schedule a call. Communication is key. The best way to find out more is to speak directly with the seller. For your protection, keep all communication within Flippa.
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1. Agreements & Contracts.
Connect with a US-based lawyer or purchase asset-specific template legal documents via Flippa Legal.
2. Conduct Due Diligence.
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