NOT DISCLOSED, New York
| Asking Price |
$3,800,000 |
Year Established |
1991 |
|
| Annual Revenue |
$4,052,850 |
Reason for Selling |
Retirement |
|
| Annual P/L |
|
Attention |
Michael Farruggia |
|
| Annual Cash Flow |
$962,557 |
Listing Number |
529157 |
|
| # of Employees |
|
Business Category |
Services: Non-classifiable |
|
Business Overview:
Well established wholesale jewelry manufacturing Company has maintained long-term partnerships with some of the best known luxury brand jewelry retailers. The Company creates unique, one-of-a-kind jewelry pieces that can’t be found anywhere else. This differentiation in the high-end market is what is driving branded jewelry sales historically, and also shows continued growth going forward.
Financial Information:
All numbers are a 6-year average. This helps normalize the numbers in the highly cyclical jewelry industry.
With an impressive manufacturing shop, Company is capable of completing work from design to finished production utilizing CAD or handmade modeling in wax or metal.
Company is a proud member of MJSA (Manufacturing Jewelers & Suppliers of America) for excellence in jewelry making and design.
Services:
• Assembly
• CAD/CAM Services
• Contract Manufacturing
• Design Services
• Electroplating
• Engraving, Machine
• Finishing/Polishing
• Gluing
• Laser Assembly, Repair and Engraving
• Model Making, CAD
• Model Making, Hand
• Mold Making, Metal
• Private Label Manufacturing
• Soldering
• Stone Setting
Inventory:
Value TBD
Included in Asking Price - yes
FF&E:
Value TBD
Included in Asking Price - yes
Property Features and Assets:
Market Competition and Expansion:
Very niche market for luxury brand jewelry manufacturing (private label). The end buyer of luxury jewelry is a unique buyer and is different from the clientele of fashion jewelry retailers offering mass-produced pieces. Industry projections for luxury branded jewelry indicate no signs of slowing. The overall luxury market continues to grow, and this is a substantial opportunity for the right new owner to build upon this Company’s reputation and success.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity