The subject of the sale is an established Czech company specializing in the online sale of jewelry, mainly made of silver, gold and steel. It is a prosperous family business with almost 20 years of history, and in recent years, the company has a continuous sales growth.
The company currently handles approximately 20,000 orders / year. Approximately 60% of sales are made to Czech customers, but the company sells some goods to customers in various EU countries. The company did not experience any fluctuations due to the coronavirus epidemic; on the contrary, the company recorded a year-on-year increase in monthly sales. Retail sales account for approximately 75% of the company’s turnover, 25% of sales are wholesale (B2B). The company has also been using sales through Amazon warehouses for 5 years, and this sales channel generates very interesting profits for the company.
Among the company’s suppliers are proven partner companies from Asia and the EU. The company’s current supply network has been built and tested for many years, with an emphasis on product quality and profitability, and today the company’s suppliers include the best jewelry manufacturers in the world.
The company owns trademarks for its products, owns production patterns and designs its own jewelry at third party manufacturer facilities. Furthermore, the company has exclusive contracts for the sale of several renowned brands.
The owner is mainly engaged in the management of the company and international trade, and these activities take up about 4-5 hours a day. The owner sells the company for personal reasons. If necessary, the company can be moved (without employees) to another location, it is in no way tied to the current place.
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Other informationHistory: 20 years Reason for sale: personal reasons Legal structure s.r.o. Structure of the sale: 100% share in s.r.o. |
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