Back to Listings Ecommerce: Spiritual / Islamic Jewelry

Asking Price : $199,000

Annual Gross Revenue : $404,120

Annual Net Profit : $116,266

Profit Multiple : x1.71

Inventory Value: N/A

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From the Broker

Started in May 2017, this business has quickly established itself as one of the fastest growing and most stylish brands in the Islamic jewelry space for USA customers. The business has carved out a reputation for providing beautiful, affordable, high-quality jewelry to style-conscious millennials. The business runs almost passively, with all storage, logistics and fulfilment outsourced to a reliable 3PL (ShipBob in Dallas, TX). The owner's time is spent managing well-established PPC campaigns across Facebook & Instagram. The new owner has the option to outsource this to the seller to focus on expansion or make the business 100% passive.

The business has very little product concentration with revenue split evenly across product lines and SKUs. All sales are through the site primarily via PPC campaigns and email autoresponders. With a unique and eye-catching brand, small products, and fast turnover, the business has huge potential on other platforms like Amazon FBA. Owner workload is currently 7-8 hours/week.

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Sale Pending: No

First Seen: Wed, Nov 13th 2019

Last Updated: Tue, Oct 19th 2021


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