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Business For Sale
POPULAR JEWELRY WHOLESALE DISTRIBUTION
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Asking Price: |
$150,000
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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Seller is moving out of state |
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Year Established:
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2001 |
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# of Employees:
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2 Full Time |
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Yearly Revenues:
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$631,633 |
Business for Sale Overview:
This business is the areas largest wholesaler of specialized jewelry. Its niche is in providing and serving its clients with all of their special jewelry needs. From the very basic items like chains, bracelets, earrings, rings, anklets, toe rings and much more.
They provide quality jewelry ranging from fancy items to designer-inspired pieces. The jewelry is imported from many countries such as Italy, Thailand, Hong Kong, China, Turkey, India, Mexico, Indonesia, and many others.
This business has truly found its niche. They have compiled a list of clients who are looking for particular products that they cannot find with just any wholesaler. As a result, the owners feel that there is much more room for growth in the future. One of the current owners manages the business on part time basis (about 25 to 30 hours per week), but an absentee owner could run this business just as well.
Typical customer profile includes traditional jewelry retailers, online retailers, flea market vendors, specialty retailers, boutiques, gift stores, pet stores, hair salons, specialty bookstores, religious groups, school and youth groups, and jewelry fair vendors to name a few.
Property Features and Assets:
The business operates from a 1,300 square foot showroom/office in a historic building in downtown San Diego with desk space and a display area. The facilities are leased and the current lease expires in June 2008. There is one 2-year option on the lease, which can be verified and assigned.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not 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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