Fashion Jewelry Distribution Company
Location Hawaii,United States
Asking Price Range < $250K
Gross Revenues $210070
Net Profit / Cash Flow $69209
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1994
Number of Employees 1 - 3
Inventory 20000
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training yes
Reason for Sale other business intrests
Description This company supplies hemp and bead jewelry to meet the demand of the tourist industry in Hawaii. Whether it's understated hemp or classy & chic bead, the hemp and bead jewelry craze has been around for many years and it shows no sign of going away. In 2002 American consumers spent $51 billion buying jewelry, a 3.9% increase over previous year. 2003 numbers are not all in yet, but the previews show another year of growth for this industry.
This company has been supplying jewelry to mostly tourist outlets throughout the Hawaiian Islands for years. Items have been carefully selected from a variety of sources to create a unique collection of attractive and fast selling merchandise. The potential for upside growth of this company is enormous, as only a fraction of the potential market has been exposed to this line.
Your good credit and your down payment of 1/3, or $45,000 should get you an attractive bank loan for the remaining $90,000. Earn 100% of your down payment back in less than 1 year while you enjoy growing your business!
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