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Established Enamel Jewelry Manufacture With Active Online Shop For Sale

Armenia
Asking Price:
Under $100K (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Under $100K (USD)
Cash Flow:
Under $50K (USD)

Unique opportunity to acquire a well-established and respected artisan jewelry brand based in Armenia. Specializing in vibrant, high-quality silver and fire-enamel jewelry, this business has been thriving since 2015, combining rich Armenian cultural heritage with contemporary design.

Highlights:
- Strong Brand Identity: Renowned for unique, handcrafted enamel jewelry inspired by ancient Armenian art.
- Stable Revenue Streams: Profits from both a physical boutique in Armenia and an extensive online presence with a fully operational e-commerce platform.
- Loyal Customer Base: A solid reputation with a loyal international clientele developed over years.
- Growth Potential: Ample opportunities for expansion into new markets and further online growth.
- Turnkey Operation: Comes with all necessary equipment, a skilled team of 8 employees, and established supplier relationships.

Offer Includes:
- Comprehensive inventory of finished jewelry and raw materials.
- Transfer of the business website and all associated social media accounts.
- Full training and transitional support by the owner to ensure a smooth handover.

Property Information

Real Estate:

Lease

Location:

The sales are both in the boutique in the center of Yerevan and via online shop

Business Operation

Expansion Potential:

Nush Enamel Jewelry is ready to grow. Its unique, handcrafted jewelry is perfect for reaching customers worldwide, offering a great opportunity for a buyer looking to expand into new markets.

Competition / Market:

Given the small size of the Armenian market, Nush Enamel Jewelry holds significant potential for international expansion. This opportunity is ideal for buyers aiming to scale a well-established brand with a unique product offering globally.

Reasons for selling:

The owner is exploring new opportunities and wants to pass on Nush Enamel Jewelry to someone eager to grow the business. This is a great chance for a buyer looking to expand a successful brand into new markets.

Trading hours:

24/7 online shop and Mon-Sun 11.00-20.00

Employees:
8
Years established:
9

Other Information

Support & training:

Comprehensive Training:The current owner will provide in-depth training on all aspects of the business, including the production process of enamel jewelry, managing supply chains, and day-to-day operations.

- **Business Management:** Guidance on administrative duties, financial management, and customer service to maintain the business's high standards and operational efficiency.

- **Marketing Strategies:** Instructions on executing current marketing strategies and utilizing social media platforms to maintain engagement and attract new customers.

- **Product Development:** Insight into the design and innovation process that has defined the brand, including the history and significance of Armenian motifs used in the designs.

- **Staff Transition:** Assistance in transitioning existing relationships with employees and artisans to maintain the craftsmanship and quality the brand is known for.

This support aims to prepare the new owner comprehensively, ensuring they are fully equipped to continue and expand the business successfully.

Furniture / Fixtures value:
$8,000 (USD) - included in the asking price
Inventory / Stock value:
$5,000 (USD) - included in the asking price
Relocatable:
This business can be relocated.