Jewelry Import Sourcing
Location California,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $2200000
Net Profit / Cash Flow $350000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2002
Number of Employees 6 - 9
Inventory 500000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Seller will train.
Reason for Sale Retirement.
Description A niche jewelry import sourcing company for sale. The business is involved in a cutting edge area of the industry that is growing and is benefiting from the climbing price of gold and other precious metals. This bootstrapped company went from zero to over two million dollars in revenues in five years and is positioned in the market for continued growth. The current owner is nearing retirement age and would ideally like to stay on board with the new owner for a few years. He is very excited about the future prospects for the industry and his company but he acknowledges the business needs new blood and energy to realize the market potential.
The company's primary focus is the design, development, and sourcing of its niche product. The end product is all manufactured overseas and the company has built an effective and efficient channel that allows them to be very competitive in the marketplace. The business is staffed with all the right people to get the job done and all key employees would like to stay with the business. Included in the sale are interests in several trademarks, copyrights, and patents. These alone could have tremendous value to the right buyer. If you would like more information regarding this business please email or call Kendric Foultz directly at 310-968-2369.
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