Wholesale silver jewelry business
| Asking Price: | $149,000 | Inventory: | $20,000 ++ |
| Gross Revenue: | $105,000 (comments below) | Real Estate: | n/a ++ |
| Cash Flow: | $41,000 (comments below) | FF&E: | $3,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: 190K in 2006, 128K in 2007 | |||
| Cash Flow Comments: Avg. over the last three years | |||
This business sells wholesale silver jewelry primarily in Alaska and Hawaii, but could be expanded with over 1200 customers. See the world on buying trips to Asia, especially in Hong Kong and Thailand. The owner has scaled back his business over the last few years, but the possibilities are great. Seller spends only about three months on the business, but could be a year round opportunity.
About the Business
Year Established:1990
Relocatable:Yes
Home Based:Yes
Facilities:There are none. Most of the business is done in person and with a cell phone. There is also a website which is included with the business and could be mined for a lot more business.
Market Outlook and Competition:Business outlook is good, this is mostly a relationship business and the market is always there.
About the Sale
Management Training and Support:Owner is willing to go on a buying trip with the new owner to introduce buyer to his suppliers and is also willing to introduce the customers. However, there would be an additional cost for travel expenses.
Reason For Selling:Seller now lives in Uruguay and has been scaling back his business over the last several years. This is a terrific opportunity for a single person and the owner has a wife and child that he does not like leaving to go on business.
Seller Financing:Seller may be willing to owner finance a portion of the sale for a very strong buyer
KEYWORDS: silver jewelry
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