Extremely Profitable Jewelry Biz-Very Low Overhead
Georgia
| Asking Price: |
Gross: |
Cash Flow: |
| $500,000 |
$530,031 |
$222,381 |
Furniture and Fixtures Value:
$0 ( not included in the asking price)
Inventory Value:
$40,000 (included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
2023 revenue up 43%, earnings up 51%In 1998 the owners began selling sterling silver jewelry as a pop-up event. The events were in office buildings in the metro Atlanta market. The company has worked with several property management companies in Florida doing shows as well, beginning in the early to mid 2000's. They grew to be the largest vendor of this kind. In 2008 – 2009 they changed direction from office buildings to medical facilities.Despite numerous economic challenges the business has continued to grow profitably. The business survived during the dot com bust, the financial crisis 7/2009 , and post covid. Since 8/2021 the business has grown and sales this a year are on track be the best ever.
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| Year
Business was Established: 1998 |
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| Facilities / Terms of Lease:
This business has no need for a brick and mortar facility. Currently the husband and wife team can transport everything they need for an event in a single van. |
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| Potential
Growth/Expansion:
This is a husband and wife team working a few days per week. This business could be grown by Increasing the product line, marketing to additional medical medical buildings and hospitals, increasing the number of days at some larger facilities, adding staff in order to set up a multiple facilities at once. |
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| Competition:
Their are other vendors who sell in the same venues. These vendors sell other types of merchandise, so they really don’t compete with vendors doing same merchandise at the same venue. |
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| Owner
willing to finance:
Lender pre-screened with $100K down. |
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| Owner
willing to train:
Will train for 4 weeks @ $0 cost. |
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| Reason for selling:
The owners are retiring. |
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| This business is Home Based.
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| REQUEST MORE INFO |
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