eCommerce Luxury Watch Company 1382

The eCommerce luxury watches company leverages its extensive network of relationships with Authorized Dealers, watch dealers, wholesale groups, and pawn shops globally. This strategic network enables the company to source any desired watch efficiently. Through their robust connections with watch buyers and sellers, coupled with their retail presence, they are well-positioned to execute transactions daily. The company offers an extensive selection of luxury watches featuring internationally recognized brands such as Omega, Rolex, Cartier, Patek Philippe, and many others. The company utilizes state-of-the-art technology to integrate buyers and sellers across multiple platforms to maximize profits and efficiency. The company boasts of sustainable annual revenue over $8,500,000 and EBITDA at over $1,400,000 with technology and training programs in place to scale immediately. Seller would like to retain 20-25% of ownership and partner with the new owner to grow the business. The ideal buyer would have additional resources to invest in the international growth of the business. Business name will be shared once a qualified Buyer prospect is vetted. NDA is required to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners. Detailed Information Facilities: The company operates from office space in the southeastern U.S. with an additional shared office space in Europe. The company does not own any real estate. Competition: The firm successfully competes with larger industry players by leveraging a wide network of wholesalers and markets to virtually eliminate competition from any one market segment. Expansion: The foundation in terms of training and technology is in place to scale quickly under a new owner. Financing: TBD if structure and terms are acceptable. Support & Training: As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business. Reason for Selling: Focusing on other tech-enabled businesses.