Business For Sale

REDUCED! Wholesale Diamond Jewelry Business

Not Disclosed, NY
Nassau County


Asking Price: Annual Revenue:
$1,700,000 $1,007,605

Wholesale/Distribution: Durable Goods


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RE: REDUCED! Wholesale Diamond Jewelry Business Broker: Sherry Wang

Quick Facts

Asking Price: $1,700,000
Annual Revenue: $1,007,605
Net Profit: Not Disclosed
Cash Flow: $269,069
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1996
Employees: 3
BBN Listing #: 602052376
Broker Reference #: 86471-84817

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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 active 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 and is willing to teach everything to a new owner. $500,000 inventory is included in the asking price.

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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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