Price reduced for quick sale!!! Wholesale jewelry box and plastic bag business established for 31 years! Very well-known importer/wholesaler of jewelry boxes and plastic bags. Supplies all kinds of jewelry boxes including Leatherettes, velvet, paper, cotton filled types of boxes. They also supply plastic bags including zip lock bags of various sizes at very competitive prices. Also carries miscellaneous supplies for jewelry stores. Has a unique assortment of imported boxes. Located in the heart of Los Angeles downtown this 2200 sq. feet office cum warehouse has a very reasonable rent of $1700 pm which includes electricity and trash removal. If required, Seller will train new buyer in the wholesale business, introduce him to all clients and vendors and stay back for a reasonable time for a comfortable transition. Good books and records. Does not have a website! Build a website and sell online also! Seller is over 80 years old! Does not do any marketing or advertising anymore. Business needs new, young blood to take it to the next level. The price of $40,000 includes inventory. Motivated seller.
For more information, please contact Mike Jasani at or cell phone or email:
- Asking Price:
- $40,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $200,000
- Cash Flow:
- $36,000
Property Information
- Real Estate:
-
Lease
- Leasehold Rent:
-
$20,400 per annum
- Size in square feet:
- 2,200
Business Operation
- Reasons for selling:
-
Retirement
- Trading hours:
-
Mon-Fri 8a-5p
- Employees:
- 2
- Years established:
- 31 years
Other Information
- Support & training:
-
4 weeks at 20 hours per week following close of escrow
- Furniture / Fixtures value:
- $5,000 - included in the asking price
- Inventory / Stock value:
- $25,000 - included in the asking price
