Semi-Absentee High Margin Costume Jewelry Biz! 100
Not Disclosed, NY Nassau County
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- RE: Semi-Absentee High Margin Costume Jewelry Biz! 100
- Contact: Elliot Dweck
Quick Facts
| Asking Price: | $550,000 | |
| Annual Revenue: | $753,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $200,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $25,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2006 | |
| Employees: | 2 | |
| BBN Listing #: | 1006402 | |
| Broker Reference #: | 189597-623892 |
Business Overview:
This 20 year old costume jewelry business runs itself! They started out selling department stores and brick and mortar fashion retail chains and now sell 100% online through various retail partnerships including Macy's, Nordstrom's, Rue La La and their own website. They have longstanding relationships with two manufacturers in China that produce all the product. The owner is not involved in any of the day to day operations - she only gets involved with the design of new product each season. Most items are produced at $9 or less and sell wholesale for $39-$99 a piece. 90% of the business is done with 5 retailers which leaves a tremendous opportunity for growth for the new owners. The owner is retiring and moving to Florida where she already spends a significant amount of time.
Contact the Seller:
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Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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