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Wholesale Distribution Of Fashion Jewelry
Location British Columbia,Canada
Asking Price Range $500K - $1.0M
Gross Revenues $827000
Net Profit / Cash Flow $216000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2000
Number of Employees 1 - 3
Inventory 125000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will provide full operational training!
Reason for Sale Retirement
Description Established Importer and Wholesale Distribution Business for Sale in Metro Vancouver. Rare opportunity to acquire this profitable wholesale & distribution business located in Metro Vancouver. Established 12 years ago, this company has grown to become one of Canada's largest importers and wholesalers of fashion jewellery and accessories. They have cultivated strategic long-term relationships with several overseas manufactures, enabling them to buy product direct from source. As a result of this unique supply chain they are able to maintain a gross profit margin of 76%. This gives them a distinct advantage over most of their competition, who are buying from importers and not directly from the manufacturers.
The company has over 650 active clients throughout Canada, and a database of over 5,000 potential customers in Canada and the USA. The company is represented in each province by a team of professional, independent agents. As well, they have recently added USA agents to expand and grow their brand in the American market. The company has dedicated and competent head office staff in place, including a senior designer/buyer with many years of experience in the fashion business.
This is truly a unique opportunity to purchase this successful business and continue to grow it within Canada and the USA. Although an interest in fashion would be an asset, no industry experience is required as the seller with provide full operational training and ensure a seamless transition with their key supply chains.
The Purchase Price includes $125,000 of Inventory (at landed cost). The seller is willing to offer a $50,000 vendor carry-back for a qualified buyer! For full information, contact Gordon Villeneuve 604-808-3403.
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