Unbelievable Price, Great Business

Georgia

Asking Price:	$375,000
Gross Revenue:	$530,031
Established Year:	1998

Cash Flow:	$222,381
Inventory:	$30,000

Listing ID: 2165937Listing provided by BizBuySell

BUSINESS DESCRIPTION

Extremely Profitable Jewelry Business

Priced at 1.7X 2023 SDE Including $30,000 in Inventory. WOW
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.

DETAILED INFORMATION

Location

Relocatable

Inventory

Included in asking price

Facilities

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.

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.

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.

Financing

Lender pre-screened with $75K down.

Support & Training

Will train for 4 weeks @ $0 cost.

Reason for Selling

The owners are retiring.

Home-Based

This business is Home-Based

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