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Advert Ref: nm238

Relocatable Wholesale Costume Jewelry To Resorts Business For Sale

Details: Asking price:$1,285,000; Sales revenue:$1,000,000; Net profit:$300,000; Fixtures value:$50,000; Inventory value:$500,000

Business description: How can you do better than this? This wonderful business is 36 years old, with an well established group of commission reps selling costume jewelry (80% of the business) and unique gifts and novelties (20% of the business). The sales are focused on resorts and gift shops, primarily along the East Coast from Maine to Florida. The current business does not have a web site, nor is the owner using email to communicate with his customers. This makes for an excellent opportunity to grow the business using a web site to establish customers throughout the world. Assets of $550,000 for inventory and equipment, are included in the selling price. If you have the money to invest, and you have the ability to bring this business into the computer age, this could be the your once in a lifetime opportunity. GREAT NEWS from the seller. The new reps are doing very well, and a new HOT LICENSE PRODUCT LINE is doing fantastic. 2008 sales could reach $2,000,000 with a profit of $500,000 or more! Contact me ASAP.

General information: Years established:1971; Employees: 5; Relocatable: This business can be relocated.; Real Estate: Lease; Location:The business is operating out of a commercial warehouse space. Since this business sells all over the country, you can operate this business from anywhere.; Expansion potential:You can absolutely grow this business. Since most of the business is concentrated on the East Coast, that leaves the rest of the country to grow this business. Also, by adding a wholesale web site, you could add dealers all over the world, especially ebay and amazon.; Competition / Market:There are certainly other sellers of wholesale jewelry, but this business has a very specialized niche in the resort gift industry.; Support & training:Full support and training will be provided.; Reasons for selling:Retirement.