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Business For Sale
WHOLESALE IMPORTER OF GEMS, GEMSTONES
Attn:
Miles Logothetis
Los Angeles, CA, USA
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Listing Number: "BizEx54-ML"
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Listing
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Asking Price: |
$12,000,000
USD USA Dollars
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Business for Sale Industry: |
Wholesale/Distribution: Durable Goods
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Reason for Selling:
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Retirement to focus on a philanthropic dream |
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Year Established:
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2001 |
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# of Employees:
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2 Full Time; 2 Part Time |
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Yearly Revenues:
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$5,447,802 |
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Yearly Cash Flow:
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$2,944,057 |
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Monthly Payroll:
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$1,480 |
Business for Sale Overview:
Business For Sale, a Los Angeles based importer wholesaler of gems, gemstones, semi-precious stones, and beaded jewelry with nationwide sales. The company targets a niche for fashionable alternatives to extremely expensive high-end jewelry. Decades of networking and personal relationships with owners of mines, manufacturing companies, suppliers, and vendors have allowed this company to gain access to unsurpassed selection and quality of goods at low cost. These exclusive relationships have effectively allowed this company to have higher margins while keeping their prices very competitive. They are also extremely difficult to forge, take a long time, and cannot easily be replicated by any competitors, effectively keeping them out of the market arena. The company has grossed $3.5 M in 2005, $5.1 M in 2006, and $5.5 M in 2007. The ideal new owner should be a quick study of semi-precious stones and possess strong marketing skills. Seller is leaving the business to pursue their dreams of building hospitals and schools through a non-profit organization they have created.
To learn more about this exciting opportunity, please visit www.bizex.net and follow the link in the upper-right called "register" or contact Miles Logothetis at ext 105 or David Chung at ext 103.
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 is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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