Location: Palm Beach, Martin, Broward Counties
Industry: Jewelry Stores
Listing ID: 42734656
Listing Status: New
Own this exciting and prestigious fashion/semi-precious jewelry business and only work 6 months, no nights, weekends or holidays. You select the events that you wish to display at.
Business is established vendor at top charity luncheon events in Palm Beach and Broward County. Strong potential to expand and grow business with additional events and in other and areas (eg. The Hamptons in summer).
Merchandise is unique from both domestic and international suppliers (eg. Italy, South America).
Very simple business, extremely profitable with 3x+ mark-up on merchandise and easy to run from home.
Excellent updated website that can improve sales internationally. Has data base of 2500 customers of past 5 years.
Seller available to walk new owner through entire operation including all introductions to charity groups.
Seller financing shows great future business for new owner and growth of business.
2023 Figures below are for six months only Jan-June. Main season is Oct to March
Down Payment: $150,000
Total Sales: $82,000
Cash Flow: $34,500
Accounts Receivable: N/A
FFE Included: Yes
Inventory Included: Yes
Year Established: 2010
Year of last Acquisition: 2010
Days & Hours of Operation: Varies by number of events selected to attend
Owner Hours Per Week: 15
Non-Owner Payroll: N/A
Real Estate: N/A
Monthly Rent: N/A
Reason For Sale: Other interests
Training & Support: 2 weeks at no cost
2 weeks at no cost
Financing/Terms: $95,000 of seller financing is available at 7% for 48 months.
$95,000 of seller financing is available at 7% for 48 months.