Business for Sale Overview:
This is a great opportunity to purchase an internet based wholesale costume jewelry company with a long track record of continuous operation. The company was established in 1967 and sells a large variety of costume jewelry and ladies accessories to wholesalers, retailers and end-users. The company uses a well recognized URL and an effective placement strategy to ensure that the website receives a continuous flow of customer traffic. The company also drives sales by using the Yahoo Small Business Merchant Solution. Approximately 85% of sales are domestic and 15% are sales to international customers. The company maintains strategic relationships with key manufacturers. These relationships allow company personnel to design jewelry, post it to its website and gauges demand prior to committing to large volume purchases. Over time the company has found a very profitable niche in the costume jewelry industry. Nearly all of the sales transactions are conducted via the web. Customers use credit cards and payment is made at the time of order. Most customers (new and repeat) interact with the company entirely via the internet. No single customer comprises more than two percent of company sales.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Facilities:
Type of Building: Two Story Brick Building.
Space Size: 5,270 square feet total leased space.
Office space – 2,880 square feet.
Warehouse – 2,000 square feet.
Showroom – 400 square feet.
Base Monthly Rent: $1,790.00 per month.
Insurance: Tenant.
Taxes: Tenant.
Lease Term: June 30, 2010.
Renewal Option: yes, to 2014 @ .30 per square feet, additional 5 years @ .35r per square feet.
Security Deposit: 1st month plus security deposit equal to 1st month rent.
Assets:
Inventory: $550,000.
Furniture, Fixtures, & Equipment: $64,000.
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.