For Sale:
Swarovski Crystals and Craft Products Ecommerce Website
Asking Price: $185,000
Description
Arts and Crafts is a gateway to a world of unlimited creativity. Today, every major holiday provides a reason for creative minded individuals, not just kids, to pull out the glue guns, fabric markers and have some creative fun. Overall spending in the Arts and Crafts Industry is at an impressive $30 Billion dollars!
Crystals are an important part of the craft industry and have been used to add “bling” to everything from bridal apparel/accessories to competition costumes to pet gear and much more. Swarovski produces the world's finest quality crystals and its brand has become synonymous with genuine crystal. Its specialized manufacturing processes, together with the highest quality raw materials, guarantee the highest possible degree of precision, component quality, consistency, and unmatched brilliance.
While this website offers a variety of craft kits and supplies, it specializes in Swarovski crystals and tools which includes a product with a design patent and trademark. The site takes pride in offering the highest quality products for its industry and has itself won several coveted awards over the years being recognized for excellence in the industry. The majority of sales are generated through website and provide an average net profit margin of 33%. With less than 5% of products sold through Amazon, there is a huge opportunity for a new owner to expand on this sales channel and increase revenues. The business can operated by one owner working full time handling all day to day operations. 90% of inventory is stocked with the current value on hand of about $46k. Needing only about 600 sq. ft., the business can easily be operated as a home based business.
This internet business is well established with 30 years in the industry! It has proven solid financials with excellent margins, a great industry related domain name, high quality reputable products and exclusivity. Its excellent fundamentals makes this listing an outstanding business opportunity with lots of growth potential.
Financial Overview
| Gross Revenue |
$214,328 |
| Cash Flow |
$80,480 |
| Archive Date |
09-25-2016 |
| Status |
Archived |
| Year Established |
1996 |
| Employees |
0 |
| Inventory |
3 |
Other Information
| Category |
Ecommerce |
| Industry |
Arts and Crafts |
| Location |
USA, Florida (Sarasota) |
| Home Based Business |
Yes |
| Seller Finanacing Available |
Yes |
| Income Sources |
Products/Services |
Growth
Building upon its well established foundation, there is great potential to expand this internet business including add new products, introduce a PPC campaign, participate in affiliate programs, expand the current newsletter and monthly specials, and expand the wholesale business.
Competition
This online business’ competitive edge include its high quality, authentic and innovative products, great customer following and industry reputation which set it apart from others in the industry.
Interested? Let's get in touch!