A wholesaler of jewellery and accessories

Overview

  • Business, Retail Businesses, Wholesaler Businesses,Wholesaler Businesses
  • Property Type

Description

Operating internationally

The company is a wholesaler and retailer of jewellery, scarves and accessories, generating revenue on a B2B and B2C basis via an e-commerce website and a network of sales agents, as well as at trade shows throughout the year.

The wholesale operation contributes 98% of the company’s revenue, most of which is generated from regular repeat purchases from UK-based retailers. Additional sales are derived from customers in Ireland and the Channel Islands.

The shareholder is offering the business for sale to facilitate their retirement plans.

Offers invited.

Key Highlights

Products are vibrant, colourful and attractive, designed to act as statement pieces whilst remaining affordable, with the range of colours on offer chosen to reflect trends and customer preferences.

Supplies to 461 retailers in total, approximately 81% of which generate revenue for the business on a regular, repeat basis, with some relationships spanning 12 years.

Offered for sale as a fully relocatable opportunity.

Will be introducing a range of recycled leather bags in January 2025, which should generate additional revenue from the Company’s current client base.

Financial Highlights

YE24 turnover of £514k.

Adjusted EBITDA of £242k achieved the same year.

Management turnover of £218k in YE25 following three months of trading, with an EBIT of £48k.

Details

Updated on January 15, 2025 at 7:22 pm
  • Property Type: Business, Retail Businesses, Wholesaler Businesses,Wholesaler Businesses
  • Tagline: Wholesaler Businesses

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