Business Overview:
This highly profitable diamond jewelry wholesale business has been serving the high-end jewelry market for over 21 years. It is committed to manufacture and distribute fine diamond jewelry, and has very reliable suppliers overseas. Their products are sold in high-end stores across the United States. It has direct contacts with over 100 accounts across the country, most of which have been loyal accounts for over 20 years. The income is very stable and the profit margin is very high. Current owner is retiring due to health issue, and is willing to teach everything to a new owner.
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Property Features and Assets:
This successful business was established by the owner and family members 21 years ago. It has built a large and loyal client base across the country.
Market Competition and Expansion:
Very limited competition in this industry.
Potential Growth
The current owner is retiring and would like to teach the new owner everything, including transferring all the suppliers and client accounts to the new owner, and teaching them how to expand the business in the future.
Reason for Selling:
Retiring
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.
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