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Finance And Services:

Wholesale, Amber Jewelry Business For Sale

LISTING DETAILS
Firms For Sale ID:
11288
Vendor reference:
767137
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$895,000  
Turnover / revenue:
$372,500
Net profit / cashflow:
$1,729,000

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Talk about a niche business. This business for sale literally 93;owns the category94; in wholesale Amber Jewelry distribution. They are the largest importer of Amber in the United States. This 12 year old company has exclusive agreements with English speaking designers throughout the Baltic region of Europe. The company continues to grow in spite of having done no advertising or promotion for the past 2 years. There are many areas of upside growth that have not been implemented but would include: Television Home Shopping Programs, Department Store Sales, and a Retail Website. The seller is relocating to manage another business and is willing to carry back a note to help finance the sale. Training is included for 30 days. In addition, the seller will attend 93;every94; trade show that they participate in, to make introductions and help with a smooth transition for you. The seller has an excellent reference from a previous business sale that was done and how much transition support was provided to the buyer of that business. Cash flow is strong and the financials and recast income statement are prepared by a CPA. This business is priced right and includes 24;500,000 of saleable inventory with the sale. Your down payment will be earned back in less than a year.