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Asking Price:	$150,000 USD USA Dollars
Business for Sale Industry:	Manufacturing: Clothing, Jewelry
Reason for Selling:	Seller has a corporate job.
Year Established:	1985
# of Employees:	9
Yearly Revenues:	$315,187
Yearly Cash Flow:	$56,565

Business for Sale Overview:

Located in the heart of downtown Madison, in south central Wisconsin, this 22 year old business was built from scratch by the current owner into a $325,000 plus grossing business. This manufacturing company makes handmade jewelry, bubble wands, and ornaments. The business has done as much as $500,000 a year in revenues in previous years. The momentum of this business is growing with the recent addition of a recycled green earring line being marketed directly to a major US retailer. The novelty of this business is in its model. All production is done by contract workers in their own homes. Kits are ‘sold' with a guarantee of repurchase at a set price. Turn-around time is a few days to 2 weeks for work in process. Utilizing contract in-home work, this company keeps its cost of goods sold to less than 25% for production cost. The current owner has spent the better part of her life positioning this company in most of the ‘major gift and retail shows' including the New York International Gift Fair and Buyer's Market of American Craft, which both have a 5 year approval process. Buyers from retail shops around the country know and respect this company for its quality of product and more importantly the company's customer service after orders are fulfilled. Currently the company has inside phone sales reps taking warm inbound calls and orders as well as outside manufacturers representatives who market through gift and retail shows and directly to retailers around the country. The company website has been recently updated to include a shopping cart check out system as well as other upgrades and is seen as a key generator for future growth in both retail ordering and wholesale order processing. One of the major assets and customers for the company is the outstanding Whole Foods Markets. With their recent acquisition of Wild Oats, this company is now approved in almost 60% more stores than it was just a few months ago. Included as well are several catalogue customers that purchase and resell the company's products. Opportunities abound for the right new owner. The current owner is only operating the business approximately 10 hours per week while working at another full time job. Contact 262-347-2083.

Property Features and Assets:

1200 SQ FT house (zoned commercial) on main strip of downtown at $1250 per month, all for use in sales, management, and production management

Market Competition and Expansion:

THE MARKETING HAS BEEN ‘AMERICAN HAND MADE JEWELRY AND GIFTS’ THAT BASIC AND POWERFUL SLOGAN HAS ALLOWED THEM TO GROW THROUGH THE TRADE SHOW CIRCUIT TO APPROXIMATELY 10% OF SALES PER YEAR. OVER THEIR 22 YEAR HISTORY, BY GAINING MOMENTUM THIS COMPANY HAS BECOME FAMILIAR TO BUYER’S AND STORE OWNERS ALIKE WHO LOVE THE ‘STORY’ THE PRODUCTS WHICH ARE LISTED BELOW AND MOST OF ALL THE CUSTOMER SERVICE ‘CALLS AFTER DELIVERY’ TO ENSURE THE PRODUCTS DELIVERED AS EXPECTED. THIS COMPANY HAS UTILIZED AN INCREDIBLE FACE TO FACE STYLE MARKETING DEVELOPED THROUGH TRADE SHOWS AND ART FAIRS AND BUYER’S GROUPS. UNFORTUNATELY THEY HAVEN’T BACKED UP THE ‘QUIET SIDE’ OF THEIR SALES WITH A WEBSITE SO THAT BUYER’S CAN REVIEW THE PRODUCTS AND SERVICE THEY’VE SEEN AT TRADE SHOWS.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner may be willing to work for the new owner.
• This may become a homebased business opportunity.
• This may become a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.