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This company is one of the internet's top destinations for affordable wedding and engagement rings ( Location: Santa Clarita, California Year Established: 2009 Number of Employees: 2 Relocatable: Yes Home Based: Yes Real Estate: Leased Building Sq. Ft.: 1,500 Rent: $1,250.00 Per Month Facilities: This business' inventory and fulfillment is handled out of a small portion (approximately 1k square feet) of a larger building, utilized by the brand owners to operate several of their brands. The inventory and fulfillment can easily be moved to their own warehouse or a 3PL (3rd party logistics company) facility of the Buyer's choosing, anywhere in the country. The Seller will assist the new owner in this transition. Market Outlook/ Competition: While fashion jewelry is a large and competitive category, this company has carved out a niche that would be very hard for a competitor to displace them from. Due to their longevity and respected name in the industry, this company is able to demonstrate their value to their customer base with a unique experience. Growth & Expansion: Numerous growth opportunities exist for this business, including: 1) Expansion into Amazon, Walmart, Target, or other large-scale online marketplaces 2) Wholesale to small brick and mortar retailers 3) Additional Social Medial channels like TikTok, SnapChat, Twitter, etc. 4) Product Line Expansion - Birth Stones Collection, His & Hers Bands, etc.
Listed: Apr 21, 2022
Updated: 8 hours ago
Views: 9
Favorites: 0