Sale Price: $475,000
Asking Price: $880,000 (includes $80K of inventory)
Annual Sales: $1,000,000
Seller’s Discretionary Earnings: $200,000
Days On Market: 192 A Bridal Registry & Gifts Internet Business Opportunity with a unique selection of designer products from around the world. The business sells a full collection of china patterns of over 20 selective companies such as Bernardaud, Christofle, Haviland, Lenox, Raynaud, Richard Ginori, Vera Wang, Versace and more.
The business also sells flatware of 14 well known product lines of Buccellati, Christofle, Georg Jensen, Nambe, Tuttle, Waterford, Yamazaki and more. In addition, website sells a full line of Baccarat, Lalique, Miller Rogaska, Riedel, Saint Louis, Swarovski, Vera Wang, Waterford and many others. You’ll find crystal glass sets, decanters, ice buckets and more at discounted prices.
There also variety of crystal gifts collectibles and figurines, cutlery and entertaining accessories. Business also carries a full lines of Waterford, Lalique and Baccarat Crystal lighting; as in accent lamps, floor lamps, chandeliers, sconces, night lights, ceiling fixtures, finials and more.
General Information
Year Established: 1993
Employees: 5
Facilities (Home Based): Currently home based, but relocatable.
About the Sale
Financing: Seller will consider a carryback
Support/Training: Owner is willing to train and stay with the company as a consultant for up to 2 years
Reason Selling: Retirement
Google shows 44M web pages with the keyword combination “bridal registry gifts” while Yahoo shows 2.8M. In July there were 21,000 searches for the keyword combination “bridal registry gifts”, while there were 280,000 on the keywords “bridal registry”. Factoring out the overlap, we arrive at ~250,000 searches. The median advertiser bid on “bridal registry gifts” was $1.99, with a high bid of $2.03, in September.
Considering the average wedding costs $27,000 a single lead from searchers can represent thousands in sales of gifts. Some estimates place the value of gifts given to the newlyweds equal to 50% of the cost of the wedding. Therefore, each lead generated by a bridal registry (as the word gift is assumed) can represent almost $14,000 in sales to this Internet Business Opportunity. As Bridal Registry just one component of a wedding plan the new owner of this business should be more focused on Affiliate Relationships (wedding photographers, favors and gifts for guests, flowers, etc.) to drive up sales. Reciprocal, no cost links, should add up to Making Money Online through more traffic to the website.
This business sale includes $80,000 in inventory, on $1M in revenue. Meaning they thru their inventory ten times a year. When it comes time to count inventory at closing the expectation would be very little in the way of stale inventory.
Making Money Online Rank 5. See Making Money Online Rank for an explanation. Make Money Online Rank was replaced by Vicissitude Ratios as a measure of Internet business success.
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