An established online fine jewelry retailer, operational since 2008, specializes in engagement rings, wedding bands, and various diamond and gold fashion jewelry. The store offers products featuring natural, lab-grown, and clarity-enhanced diamonds alongside Swarovski simulated diamonds, with a primary customer base in the US and secondary markets in the UK, Europe, and Australia. Financing options are available at checkout.
Operating on a made-to-order model, the business eliminates inventory risks by having products directly shipped from manufacturers via insured FedEx overnight delivery. The absence of retail overhead and in-house employees allows the business to focus on customer orders.
Financially, over a reviewed 21-month period, it generated $1,149,145 in revenue, with a $500,167 gross profit and a $174,477 net profit. A decline in revenue since 2023 reflects a shift in the owners' focus rather than a drop in demand, with significantly reduced marketing efforts contributing to this trend.
Approximately 90% of sales occur through the brand's website, with the rest from platforms like eBay, Etsy, and Amazon. However, the Amazon channel has been largely dormant, posing an untapped opportunity.
The operation requires around 15 hours weekly from the owner and does not demand jewelry-making expertise. The team, based remotely in the Philippines and India, is prepared to continue post-sale. The business offers growth potential through revived marketing channels, including Google Ads, Amazon, and enhanced email marketing, alongside new marketing initiatives.
The sale includes the website, domain, and extensive brand assets, with the current owners offering training and introductions to suppliers to ensure a smooth transition. Cash or partial seller financing is sought, with no SBA financing considered.