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This is an innovative, turn key operation with all logistics in place.
The company is a web-based (high-end website) supplier of loose diamonds with instant electronic access to more than 500,000 loose diamonds directly from manufacturers/polishers around the world. It has plugged in an API to allow for auto-update of global inventory with various tiers of mark-up, and negotiated a drop-shipping arrangement directly from Belgium. The company sells diamonds ranging in value from £500 to £10,000,000
This means that the company holds no physical stock. When an order is placed on the website, the sale is managed through Belgium, where it is assured for quality, packaged, and directly shipped to the end consumer. The mark-up and pricing is configured for an easily manageable GUI on the back-end, and someone with no experience, and a taste for marketing, could operate this business easily.
Currently the company is branded as to have the LOWEST PRICED diamonds (certified stones/kimberely process checked). When cross-checked for margins with the largest players in the industry, margins are widely 15-20% lower, still leaving 10-12% profit margins (this is all verifiable, and will be illustrated by the Company).
The company is in the nascent stages of marketing. However, the owner is moving onto the development of a fin-tech company and needs to free-up capital ASAP.
Among the inclusions in the sale:
- Private server hosting with all back-end development support from high-standard tech team
- Complete control of inventory and pricing
- EXCLUSIVE DROP-SHIPPING agreement (with full insurance and guaranteed shipping) with Belgian exchange providing the benefit of ZERO inventory, no additional insurance costs
- Full membership to access inventory and plug API for access
- 100% support from current management to train and operate
- Registered central London address
The turnaround time to learn this business would be from 1 to 2 weeks maximum and the management would train the potential purchaser(s).
Please not the business was just launched in July 2016. It was initially not given the proper focus as it was an experimental tech project, and now the owner is unable to give it the due attention due to commitment to a fintech product. The underlying cost of the investment in the technology is north of £30,000, hence it is being offered at a loss....This is a perfect investment for someone who is opportunistic and is keen to grow a business.
Please see attached document for more information. If you want further information, please specify what exactly. We will not respond to standard spamming queries of wanting more information. Serious Buyers ONLY.
PRICE IS NEGOTIABLE. BRING ALL OFFERS, owner must sell soon. Further information available upon request, please contact seller below for more details.
Average turnover (based on closest competitor analysis) to exceed £2million within 12-18 months of operation. This is at market-competitive prices. In a study conducted comparing the Company with its competitors on the listing of the same diamond, the Company had the lowest listed price 8 out of 10 times whilst still maintaining net profit margins herein. *verifiable
Free up capital for fin-tech product development
Support & Training for handover
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