Business Summary:
This company wholesales high quality, outstanding jewelry from diversified sources. It has sales representatives and active sales accounts throughout the US. The business has an industry-recognized reputation for service and quality. It has a number one credit rating with the Jeweler’s Board of Trade. This is an exciting opportunity for an individual who enjoys administration, sales and marketing, and who values customer service and beautiful, artistic products. The business is highly successful in its current location, but it could be relocated within the state of Maine or elsewhere.
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| Year
Business was Established: 1977 |
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| Number of Employees:
4 FT / 2 PT |
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| Facilities / Terms of Lease:
The company’s facility is about 2,000 square feet of highly secured space. This is more than adequate for the current operation and for expansion of the operation. |
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| Potential
Growth/Expansion:
A new owner can pursue numerous growth avenues to increase sales. Opportunities vary from type of owner involvement to various methods of adding new accounts that are not being done by current ownership. |
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| Competition:
Sales are generated by on-the-road sales reps and by an in-house sales team. The company is known for its personal service and quick customer response, which gives it a competitive edge. Its sales have held relatively stable in the current economy because it is flexible and responsive to changes with in its marketplace. |
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| Owner
willing to finance:
$250K Anticipated Seller Financing. $200K Down plus $375K Inventory and $25K Working Capital Needed |
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| Owner
willing to train:
The seller will provide transition training to a new owner and provide introductions for a new owner to its specially selected vendors. |
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| Reason for selling:
The seller plans to relocate and does not want to run a company as large as this one has grown to be. |
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Seller Reference Number: 50242
BusinessMart.com Listing Number: 70031 |
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