Wholesale Importer of Gems & Semi Precious Stones For Sale

Business description

Business For Sale, a Los Angeles based importer wholesaler of gems, gemstones, semi-precious stones, and beaded jewelry with nationwide sales. The company targets a niche for fashionable alternatives to extremely expensive high-end jewelry. Decades of networking and personal relationships with owners of mines, manufacturing companies, suppliers, and vendors have allowed this company to gain access to unsurpassed selection and quality of goods at low cost. These exclusive relationships have effectively allowed this company to have higher margins while keeping their prices very competitive. They are also extremely difficult to forge, take a long time, and cannot easily be replicated by any competitors, effectively keeping them out of the market arena. The company has grossed $3.5 M in 2005, $5.1 M in 2006, and $5.5 M in 2007. The ideal new owner should be a quick study of semi-precious stones and possess strong marketing skills. Seller is leaving the business to pursue their dreams of building hospitals and schools through a non-profit organization they have created.

Other information

Support & training:

Seller will train

Reasons for selling:

Retirement to focus on a philanthropic dream

Trading hours:

Mon.-Fri. 11am-6pm

Financing available:

Call

Furniture / Fixtures value:

$42,050 (included in the asking price)

Inventory / Stock value:

$8,000,000 (included in the asking price)