This is a fantastic opportunity to become your own boss or to add products to your existing product line. This business was established over 50 years ago and has been operating with the current owners for approximately . 10 years. The business wholesales to jewelry manufacturers, retailers, other wholesalers, schools, and students throughout Canada.
There are two (2) shareholders, where one (1) is not involved in the business and the other is responsible for purchasing, bookkeeping, payroll, and covering employees when they are on vacation or sick.
There are four (4) employees (2 PT & 2 FT) who manage the day-to-day operation.
Lots of repeat business with room to expand.
There are minimal business assets, which amount to approx. $15,000, and current inventory sits at approx. $210,000 at cost. The business runs from a 1,844 sq. ft. office in downtown Vancouver. The lease is $7,200 per month and has another 4 years left.
Reason for sale: Owners have another business that takes up their time, and now they need more time to take care of their elderly parents.
The purchase price includes all assets, all inventory (at cost), goodwill, all customer and supplier information, and full training on the daily policies and procedures to ensure a smooth takeover.
