Back to Listings Beverly Diamonds

Asking Price : $2,500,000

Annual Gross Revenue : $2,181,280

Annual Net Profit : $200,000

Profit Multiple : x12.50

Inventory Value: -

R-Index : 49

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From the Broker

Beverly Diamonds is a leading online jewelry retailer. Founded back in 2002 we were one of the first and today we are one of the largest jewelry retailers. 2018 Revenue totaled $2.2m. This business has invested in growth with significant material opportunity for further acceleration. The 2018 turnover represents 48% YOY growth.

We're proudest of our customer reviews. Across review websites like TrustPilot, The Knot and WeddingWire we are consistently ranked 5 out 5. This sets us apart and the word of mouth flow on effect makes referrals our single biggest customer acquisition strength.

On site we sell:

* Engagement Rings

* Wedding Sets

* Earrings & Studs

* Pendants

* Bracelets

The site itself is well optimised with full product merchandising including 360 degree imagery and video reviews. And, we've seen success with our financing product powered by Affirm.

Branding wise we are well respected and consistently receive media coverage from the likes of the ABC, CNBC, TheKnot and other mainstream publishers / media.

NOTE: Approximately $250,000 in expenses can be added back and will be disclosed as SDE (Seller Discretionary Earnings).

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Listed By


Sale Pending: No

First Seen: Fri, Mar 1st 2019

Last Updated: Thu, Apr 11th 2019


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