Jewelry Wholesaler - Gemstones & Semi-Mounts - Located in Midwest US

Asking PriceNot Disclosed

Cash Flow
$279,000

EBITDA$207,000

Gross Revenue$3,000,000

Inventory$3,204,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

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Jewelry Wholesaler - Gemstones & Semi-Mounts - Located in Midwest US


Asking PriceNot Disclosed

Cash Flow
$279,000

EBITDA$207,000

Gross Revenue$3,000,000

Inventory$3,204,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
The Company is a privately-owned wholesaler of loose gemstones, 14k gold rings, earrings, pendants, and semi-mounts. It features a collection of natural gemstones from around the globe. The Company’s team of qualified workers consistently travel all over the world to find rare and exquisite gemstones. It has established a great relationship with an overseas manufacturing unit to make semi-mounts located in Mumbai, India where more than 90 people are employed to provide expertise and make custom rings, earrings, and pendant mounts.

INVESTMENT APPEAL

Superior Name and Reputation - The Company enjoys a long-standing reputation for the quality of its products and services, expertise, dependability, and superior customer support. Its reputation in the industry is the result of conducting business with a philosophy that is supported by professionals, principals, values, and ethics.

Strong Client Relationships - The Company is proud of its strong ties to clients and reputation for quality products and client service. Evidence of these relationships is shown in the 85% rate of repeat business, as well as the fact that 90% of revenue is from referral-based business. Its top five clients have been working with the Company from a minimum of 10 to a high of 17 years.
About the Business
Opportunities for Growth
* Increased Sales & Marketing Efforts
* Online Sales Expansion
* Expand to Tangential Markets
About the Sale
Seller Motivation
Capitalize on growth opportunites
Transition Support
The current owner is willing to remain through the transition period, and would entertain remaining with new management for a longer period of time on a consultancy basis. Additionally, all key employees will be available to remain with new ownership beyond the sale of the Company.
Listing Info
ID
2286240
Listing Views
360
Attached DocumentsAttachment Disclaimer

64596_Approved_Profile_2024.pdf


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Business Listed by: Jerry Yocum Generational Equity, LLC

Listing ID: 2286240 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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