Exclusive High-End Diamond Wholesaler With 70+ Years Of Heritage
Asking Price: | $975,000 |
Gross Revenue: | $1,695,000 |
Rent: | $5,910 |
Cash Flow: | $393,000 |
Inventory: | $3,000,000 |
HS Listing ID-61606
Established in the 1940s, this high-end jewelry wholesaler has built a prestigious reputation in New York City For over 75 years, the business has been a trusted supplier of natural, high-quality diamonds and luxury jewelry, catering exclusively to elite jewelers and retailers. The owners are ready to retire, making this an ideal acquisition for someone looking to continue the legacy and expand into new markets.
75+ Years of History: Established in the 1940s, this business is a trusted name in the luxury jewelry industry, with a legacy of delivering superior products and world-class customer service.
Prime Location: The business operates from one of the most prestigious and high-traffic areas for luxury goods globally. Favorable rental terms and a long-term relationship with the landlord ensure stable operations.
High-Value Inventory: Approximately $3,000,000 worth of high-end, natural diamonds and luxury jewelry (inventory not included in asking price). Sourced from trusted suppliers with whom the company has had relationships for over 25 years. The inventory is offered at a discounted rate of $2,225,000, giving the new owner a significant margin advantage.
Profitability & Stability: With a Seller’s Discretionary Earnings (SDE) of $393,000 and gross sales of $1,695,000, the business is financially stable and highly profitable.
Established Team: A lean, highly experienced team supports operations. This includes a long-term assistant and a seasoned global salesperson, ensuring continuity and strong client relationships during the transition to new ownership.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
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