Trend Jewelry Design and Manufacturing Business For Sale

Business description

Business For Sale: Los Angeles based designer and manufacturer of trend Jewelry. Bangles represent 70% of their business. For woman of all ages, bangles are an accessory that makes a woman feel special, but does not break her pocket book, making these items easy shopping decisions in a tight economy. The owner translates ground-breaking designs from Europe to the world-wide market and sells to major stores such as Lord n Taylor, Bloomingdales, Fenwicks on Bond Street in London, and American Rag in Japan. This ten year old company is grandfathered into major shows such as Coterie and is one of four vendors chosen for the Holiday gift guide in US weekly. The company has great public relations leading to placement in over 40 major fashion magazines this year. Yet, the website accounts for only 4% of the current revenue. Much of the great PR is not translating into web orders. While many on-line orders are coming in from Asia, the website is not published in Japanese or Korean languages. The new ideal owner is someone who has a passion for fashion, and who can convert the existing public relations into Internet sales. Gross sales have been steady over the last few years, but high metal costs have cut into margins. The owner is selling the business because she is getting married and wants to start a family. Her passion is fashion and design, not business.

Property information

Real Estate:

Lease

Other information

Expansion potential:

The challenge in this business is to convert the existing placement and Public relations into internet sales.

Competition / Market:

We have been in business for 10 years.We have a data base of 1500 clients worldwide. Some well known stores;Henri bendel,Atrium,Fred segal,Searle,New York look,Lord n Taylor,Nordstrom,Bloomingdales,Selfridges London,Sanderson hotel London,Fenwick London,American rag japan,La la plan japan. We have done private label for; Banana republic, Victorias secret, Anthropologie, Saks off fifth, BCBG, Coldwater creek, J. Jill, Boston proper. We recently aqcuired a rep. In japan and we are doing very well.

Support & training:

Seller will train

Reasons for selling:

Start a Family

Trading hours:

9 - 5, M - F

Financing available:

Call

Furniture / Fixtures value:

$28,250 (included in the asking price)

Inventory / Stock value:

$110,000 (included in the asking price)