Hot Listing

Wholesaler of Jewelry and General Accessories including real estate

Asking Price$3,000,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$4,000,000

Inventory$3,000,000
Included in asking price
FF&E$500,000
Included in asking price
Real Estate$1,900,000
Not included in asking price
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Hot Listing

Wholesaler of Jewelry and General Accessories including real estate


Asking Price$3,000,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$4,000,000

Inventory$3,000,000
Included in asking price
FF&E$500,000
Included in asking price
Real Estate$1,900,000
Not included in asking price
Business Description
Wholesaleser and large distrbutor business including real estate
LOWERED PRICE.This business generates substantial profits and features a highly efficient operating system. The current owner has successfully operated this establishment at the same location for 34 years, dating back to 1992. The interior space a total area of ??9,000 to 10,000 square feet the second and third floors are fully stocked with inventory, while the rear of the property offers parking space for approximately 24 vehicles. A separate access road, fenced with metal barriers, connects directly from a side street. Upon entering the main entrance from the primary road, visitors are greeted by a large display room on the left and another spacious display area on the right, with the cashier desk centrally located. Proceeding toward the rear, a 2,000-square-foot section dedicated to jewelry displays is situated on the left, while various other merchandise items are showcased on the right. The entire interior is thoughtfully divided into multiple distinct sections. Continuing toward area.
This business operates across five separate addresses and has been established for a long time; consequently, the premises—spanning all five buildings—are well-organized and designed for efficient workflow. There is a dedicated large machine at the rear for compacting cardboard boxes and waste paper, as well as a separate two-story house on the property where you could reside. The facilities and overall setup are highly convenient for running the business.The seller has operated the business for a long time and is looking to retire, so they are willing to offer a lower price. There is also a warehouse located just five minutes away from the main shop. While the market value of the five buildings is around $2 million and the inventory exceeds $3 million, the seller is willing to value the inventory at a flat $1 million—bringing the total price down to $3 million—in order to make the sale.
About the Business
Years in Operation
34
Employees
10 (7 Full-time, 3 Part-time)
Facilities & Assets
so much
Opportunities for Growth
expand business hours
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
9,500
About the Sale
Seller Motivation
Retiring
Transition Support
2 weeks
Listing Info
ID
2490226
Listing Views
683

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Business Listed by: Peter Han PK Property ,real estate company in PA,NJ,NY.

Listing ID: 2490226 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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