MergerPlace

Internet Based Wholesale Jewelry

Florida (Sarasota)


  • Asking Price: $275,000
  • Gross Income: $206,581
  • Cash Flow: $101,530
  • Real Estate: Not Disclosed
  • Inventory: $40,000
  • FF&E: Not Disclosed
  • Listing ID: #198543
  • Established: 1993
  • Employees: 1 FT

Business Description

Internet wholesale custom designed jewelry sale and jewelry design and distribution.


Business Details

Primary Business Category: Wholesale Trade - Durable Goods
Location: Florida
County: Sarasota

Company Information

Year Established: 1993
Home Based: Yes
Franchise: No
Relocatable: Yes
Number of Employees: 1 FT

Financial Information

Asking Price: $275,000
Gross Revenue: $206,581
Cash Flow: $101,530
Inventory: $40,000
Seller Financing Available: No

Property Information

Facilities:

This is a home based, internet company perfect for a stay at home Mom or retiree. Owner designs silver and gem jewelry, purchases gems from dedicated sources and then has final pieces assembled using dedicated silversmiths. End product is purchased online by high end boutiques and galleries at wholesale prices. Also, individual pieces can be purchased by the consumer.

Growth & expansion opportunities:

By adding additional lines of products for high end boutiques and galleries this business can grow substantially. Participating in truck shows, more foreign marketing to capture additional clients.

Competition:

This is a specialty type of jewelry. Market is gravitating toward unique pieces to offer in their boutiques and galleries. Most boutiques have stopped carrying "fine jewelry" and substituting high quality silver and gems stone offerings.

Reason for selling:

Retirement.

Support & Training:

Will train for 4 weeks @ no cost. New owner should have a jewelry design background. Possibly someone graduating from design school with a variety of design skills.

Contact Business Seller

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Business Listed By:

Mary Anne Servian

Murphy Business Brokers