Luxury Watch/Jewelry e-Commerce Company 1218

The Retail Luxury Watch and Jewelry e-Commerce Company is a C-Corporation and was incorporated in June 1993 in its current form, although the company has operated since###-###-#### The company focuses on e-Commerce in the luxury watch and fine jewelry industry. The company has served over 20,000 customers worldwide working with famous brand names such as Rolex, Breitling, Cartier, David Yurman, Patek Philipp, Tiffany & Co. and many more. All items include a certificate of authenticity and a lifetime warranty. The company has sustained annual sales that exceed $14.5 million with recent years exceeding $18.8 million. The company is positioned for steady growth and more explosive growth under the leadership of a buyer with a marketing and sales background. NDA is required to secure the comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners. Detailed Information Facilities: Negotiable. The 1,900 square foot building is owned by another entity with monthly rent cost of $10,000. Competition: The company operates in a competitive environment with larger, national companies in the e-Commerce space. The company’s client base is niche with several repeat clients and word of mouth growth. Growth & Expansion: Dedicated marketing and sales could greatly increase the sales and profits of the business. The company is increasing their online marketing and expanding its supplier base.   Support & Training: To ensure a smooth transition and ongoing success the Seller will work with a buyer directly as needed. One seller is willing to continue for several years if so desired. Reason for Selling: One owner wants to fully retire and the other owner would prefer to take more of a manager role rather than a lone-owner role in the business.