strmrdr
Super_Ideal_Rock
- Joined
- Nov 1, 2003
- Messages
- 23,295
Quick and incomplete Diamond store business plan.
Location: web based and by appointment locally.
Employees: myself and my wifey2b to start.
Contact: email, 1-800 number.
hours: 12 noon -10pm cst Monday tue thur fri sat 12 noon - 4pm wed.
advertising: local Christian radio station, pricescope and google, but mainly my web site.
Product: super-ideal cut SE/asscher diamonds and mid-range gemstones, other shapes available.
Source: Talk a certain cutter of ags0 princess cuts and super-ideals diamonds into cutting storm worthy SE diamonds for me. Contact 2 custom gemstone cutters I know about supplying products for side stones and center stones.
stock - 10-12 diamonds 20-30 gemstones.
settings - local benchman who does awesome work to start with.
margins %25+
terms = 15 day return. 90day 85% buy back on the diamond, 2 year upgrade at sale price and after 2 years wholesale price - 10% max depending on condition.
Must buy a diamond at least 25% more than the exchange value to upgrade.
First years sale goal 100 diamonds and 100 gemstone rings.
Pricing: ags0 princess price range.
Value add: yea like im going to give everything away :}
Average sale of $10000 to $14000 with setting for diamonds.
average gemstone sale $2500 with setting.
gross sales goal:
gemstone rings $250000.00
diamonds rings $1000000.00
total: $1250000.00
expenses:
stock. $1000000
merchant fees: 3% $37500
Advertising: $20000
Phone: $3000
Website: $300
.............................................
$1060530
Before tax profits of: $189470
..............................................
Start up costs of around $200000.00
5 year goal stock of 50-75 diamonds with sales of 500 per year and a line of custom settings and 4-5 employees.
edit to clarify > all diamonds and gemstones will be in stock that are offered.
Location: web based and by appointment locally.
Employees: myself and my wifey2b to start.
Contact: email, 1-800 number.
hours: 12 noon -10pm cst Monday tue thur fri sat 12 noon - 4pm wed.
advertising: local Christian radio station, pricescope and google, but mainly my web site.
Product: super-ideal cut SE/asscher diamonds and mid-range gemstones, other shapes available.
Source: Talk a certain cutter of ags0 princess cuts and super-ideals diamonds into cutting storm worthy SE diamonds for me. Contact 2 custom gemstone cutters I know about supplying products for side stones and center stones.
stock - 10-12 diamonds 20-30 gemstones.
settings - local benchman who does awesome work to start with.
margins %25+
terms = 15 day return. 90day 85% buy back on the diamond, 2 year upgrade at sale price and after 2 years wholesale price - 10% max depending on condition.
Must buy a diamond at least 25% more than the exchange value to upgrade.
First years sale goal 100 diamonds and 100 gemstone rings.
Pricing: ags0 princess price range.
Value add: yea like im going to give everything away :}
Average sale of $10000 to $14000 with setting for diamonds.
average gemstone sale $2500 with setting.
gross sales goal:
gemstone rings $250000.00
diamonds rings $1000000.00
total: $1250000.00
expenses:
stock. $1000000
merchant fees: 3% $37500
Advertising: $20000
Phone: $3000
Website: $300
.............................................
$1060530
Before tax profits of: $189470
..............................................
Start up costs of around $200000.00
5 year goal stock of 50-75 diamonds with sales of 500 per year and a line of custom settings and 4-5 employees.
edit to clarify > all diamonds and gemstones will be in stock that are offered.