For Sale

Thriving & Established Jewellery Business For Sale

Sheffield, South Yorkshire

• Asking Price: £49,999 +SAV
• Turnover: This business generated a turnover of £30,000. Full financials can be made available upon request.
  
  
• Tenure: Business Only

• Overview
• Location
• Premises

Please quote reference B08434

CoGoGo welcomes Sheffield Diamonds an exceptional opportunity to acquire a profitable, fully relocatable bespoke online jewellery business.

Established in 2022, the company operates as a Limited entity and specialises in crafting exquisite custom jewellery pieces tailored to clients’ specifications. With a 24/7 online presence, the business caters to a growing and loyal customer base seeking unique, high-quality jewellery.

Financial Overview:


• Turnover: £30,000
• Net Profit: £15,000
• Valuation: Based on 3x net profit, offering significant potential ROI.
Operations:

The business has been run from a home-based setup, ensuring low overheads and excellent profitability. With no additional staff, the current owner has streamlined operations, allowing the business to deliver a seamless online shopping experience to customers.

Scope for Growth:

Sheffield Diamonds offers multiple avenues for expansion:


1. Increased Marketing Efforts: Implementing targeted social media campaigns, influencer collaborations, and email marketing can drive traffic and boost sales.
2. Expand Product Range: Introducing additional jewellery categories such as engagement rings, men’s jewellery, or luxury accessories could attract a broader customer base.
3. International Shipping: Expanding delivery options to include international customers can unlock untapped markets.
4. Enhanced Website Experience: Optimising the website for SEO and mobile responsiveness, as well as introducing virtual consultation services, can enhance customer satisfaction and conversion rates.
5. Retail Partnerships: Partnering with physical retailers or boutique stores can create additional revenue streams.
6. Seasonal Promotions: Leveraging peak gifting seasons like Christmas, Valentine’s Day, and anniversaries can maximize profitability.
Why Buy?


• Profitable and Scalable: Strong net profit margin and potential for significant growth.
• Relocatable: Flexibility to operate from anywhere, making it ideal for entrepreneurs in diverse locations.
• Established Brand: Sheffield Diamonds has built a reputation for bespoke, high-quality craftsmanship.
• Low Overheads: Home-based setup ensures minimal expenses.
This is a rare chance to acquire a lucrative online jewellery business with proven success and considerable growth potential. Ideal for entrepreneurs or those looking to diversify their portfolio, Sheffield Diamonds is poised for continued success with the right owner.

Act now to make this business your own and capitalise on its untapped potential!


Sheffield Diamonds is currently located in Sheffield.

This business will need to be relocated.


N/A, Relocatable.