Profitable Wholesale Jeweler for Sale in N. TX.

Dallas, TX (Dallas County)

Profitable Wholesale Jeweler for Sale in N. TX.
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Asking Price: $1,850,000

Cash Flow: $326,000

Gross Revenue: $6,000,000

EBITDA: N/A

FF&E: $2,500

Inventory: $1,000,000*

Rent: $0.35 /Month

Established: 1988

*not included in asking price.

Profitable Wholesale Jeweler for Sale in N. TX.

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Business Description

Great Opportunity!!

This very profitable Wholesale Jewelry Business has been family owned and operating in Dallas Texas for 30 years!  The owner has continued to grow the business over the past few years but is looking to finally retire.  The business inventory consists of $200,000 of  merchandise for jewelry display and products for the industry along with $800,000 in Gold and Silver and there is NO debt on the business.  The seller will negotiate off the asking price of $1,850,000.00 with his Gold and Silver Inventory if a buyer does not want to purchase all the inventory with the business.  In 2015 total sales were $3,300.00.00, in 2016 total sales were $4,227,000.00, (21.9% increase) in 2017 total sales were $5,060,000.00 (16.5% increase)  and estimated 2018 sales will be $6,145,000.00 (17.6% increase)!  The  average SDE over the past 3 years is $325,333.00 with 2018 estimated at $372,000.00!  This is an amazing successful business for a new owner to step into and start making money Day ONE!  For more information on this Great Opportunity, please contact Tom Diedrich of LINK Business DFW at: tom.diedrich@linkbusiness.com or by cell at: 214-316-5882.  I look forward to working with you!

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
9,200
Lease Expiration:
9/30/2020
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The facility is leased and consists of a secured showroom and warehouse right next door.
Competition:
There is competition in this space but Business has the reputation and experience that most wholesale Jewelers do not. In addition, the cost of getting started without a customer base requires a lot of capital and longer ROI.
Growth & Expansion:
Yes... Additional marketing and social media effort by a new owner, and attending more of the trade shows around the country. The owners age and health has prohibited him from attending as many as he used too.
Financing:
Not Available
Support & Training:
Yes.... four weeks at 20 hours per week.
Reason for Selling:
Retirement
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(from currently available funds)
 
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Tom Diedrich

Business Listed By:
Tom Diedrich

LINK Business DFW

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