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Import And Distribution, Jewellery & Fashion Accessories for Sale

(ID# 978) (Seller Ref# SSBB013)

Financials

Asking Price: $210,000
Sales Revenue: $600,000
Net Profit: $80,000
Furniture, Fixtures
& Equipment:
$93,000 (included in asking price)
Stock: $20,000 (included in asking price)

Business Summary

Ideal opportunity for an entrepreneur with a flair for fashion! In business for over 30 years, this jewellery & fashion accessory business imports products from US as well as offshore manufacturers and distributes these products to its retail store customers in British Columbia, Alberta, Saskatchewan, Manitoba and northern Ontario. Due to pending retirement and one of the owners taking a non-active role in the business in recent years, the business has scaled back its marketing and distribution program. However, the owners believe their excellent reputation for providing quality products and service will allow new owners to return to traditional markets, explore new markets as well as add to their product offering. Sales in prior years have exceeded $1 million. The business operates out of property that is owned by the business. The property is not included in the asking price for the business but it is also available for sale.

General Information

Employees: 4FT 2PT
Year Established: 1976
Trading Hours: 8 to 5

Property/Location

Relocatable: Business can be relocated
Real Estate: Lease
Lease Terms: Lease required if property is not purchased.

Other Information

Training Support: Owners will provide training & one of the owners may be intereste in working in a sales management capacity for the new owners.
Reason Selling: Retirement

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