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Business Partnership is pleased to bring to market this long-established and profitable jewellery distribution business.
The vendors currently operate from a home location, therefore this business would need to be relocated, which would be relatively easy to do.
Established in the 1980s, the business imports and distributes innovative, quality fashion jewellery selling via a trade website and through freelance sales agents to retailers (including gift shops) and volume buyers.
In the last 3 years, the adjusted profit has been c£225,000 p.a. and the net asset value was c£350,000 at the end of the last accounting period.
This business can be run with 2 full-time (currently carried out by the 2 vendors) and 2 part-time employees and can be operated from a double-garage-sized space and a small office.
Most sales come from repeat business from a loyal client base and cashflow is good with over 50% payments received upon placing an order.
The company supplies standard and bespoke items which includes own-branded products for certain retailers.
As well as offering a wide range of standard product, the company owns its own brand, which offers a new owner the potential to develop the Intellectual Property Rights through brand extensions and licensing.
This represents an exciting opportunity for a new owner, or owners, to operate a well-established and profitable business from home, or would be an excellent bolt-on for another company in the same arena.
Business Partnership is inviting offers for 100% of the share capital of this business.
Relocatable anywhere in GB
This business is home-based and would therefore need to be relocated
This is a genuine retirement sale.
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