In-store / e-commerce retailer of high-end costume jewellery – based in London

The company is being offered for sale to facilitate the shareholder’s retirement.

Offers invited.

Key Highlights

– Products are made to resemble pieces made by luxury jewellery retailers, with their high-quality finish designed to ensure that the stones are indistinguishable from real diamonds.

– Customers are typically mid-to-high-net-worth individuals with significant disposable income, meaning that the company is protected from some level of economic disruption.

– Established e-commerce website with scope for further development, which could see a considerable increase in international sales.

– Benefits from high volumes of repeat business, with some customer relationships spanning over 20 years.

– Experienced management team in place to handle day-to-day activity.

– Operates from leasehold premises in a prestigious area of London.

Financial Highlights

– Management turnover of £1.4m in YE23.

– Adjusted EBITDA of £753k achieved the same year.

– Turnover expected to increase to £1.47m in YE24, with an adjusted EBITDA of £812k.

– YE25 turnover expected to reach £1.55m, with an adjusted EBITDA of £877k.