| Asking Price |
$200,000 | Inventory |
$10,000* |
|---|---|---|---|
| Gross Income |
$536,000 | Real Estate |
|
| Cash Flow |
$150,000 | Year Established | 2005 |
| FF&E |
$50,000* | Employees | 3 |
* included in the asking price
** not included in the asking price
Yearly volume of sales (04/01/07-03/30/08) amounts to 3,244 orders totaling in $411,966 (see screen-shot attached). This sale is taking place due to the fact that the owner is not an expert in jewelry business. The business itself was started because the owner is well-rounded in internet operation and was hoping to get acquainted with the jewelry business as things move along; however, other interests arose in the process. This business would be a wonderful acquisition for an experienced jeweler who also owns and off-line location and would like to start gaining positions in online market. No specific computer technology knowledge is needed to successfully operate this business. All the technical operations are done by an experienced affiliate for a certain percent of sales. The main current trouble of this business is that the owner has little to none understanding of the jewelry market, as well as no clue in any jewelry fashion or trends, and more over does not have proper connections and business relationships with suppliers. These problems should be nonexistent for someone who is knowledgeable about the jewelry industry. The business is located in Bensalem, PA; it employs three well trained people. Business could be easily transferred anywhere else with an exception of finding new personnel. More detailed financial information, as well as lists of equipment, and more photographs are available at http://ter-saakov.com/biz4sale.aspx Along with this business, there is another very similar in operations online business for sale -- Italian Charms. Majority of the business details are absolutely the same. The volume of sales for the year (04/01/07-03/30/08) amounts to 3,638 orders totaling in $125,584.
Facilities: Computers, printers etc ($3,000) Laser Engraver VersaLaser (~$10,000) High Resolution Laser Marker (~$40,000) LightBox (~$2,000) PBX, safes, shelves, racks, furniture... (~$5,000)
Competition: Online retail is a growing bisiness. There is a competition, of cause. But many tech guys in the business are not so good in jewelry. It's a great opportunity for a jeweller.
Growth/Expansion: We know nothing about jewelry and we have hundreds of thousands of sales. Good jeweller will do it better.
Financing: owner can finance
Support/Training: 3 month
Reason Selling: other interests

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