Fine Ornament Distributor for Sale in Suffolk

Suffolk County, NY
Asking Price: $275,000
Business For Sale Details
Listed on Jun 10, 2021(Renewed on Jul 30, 2024)

LISTING ID # 25293

Ornament Manufacturer offering 1200 Mouth-Blown, Hand-Painted Exquisite Glass Ornaments. Imported from European manufacturers, there is huge potential here. A new owner could easily expand by adding Crystal, Pottery, Dinnerware and other holiday ornament products. The owner, who is willing to stay up to 2 years for a very smooth transition, will introduce you to these markets and resources. Customers include Bergdorf Goodman, Neiman Marcus, Saks 5th Avenue, Bloomingdales and other fine retailers. The business has an additional showroom in the Atlanta Gift Market that is maintained year-round. You can see her at the Atlanta Gift Show, the New York Gift Show, and at many craft and art fairs around the tri-state area. Craft shows in 2014 will add $100,000 to the gross revenue. Marketing, both wholesale and retail, are done through the company's attractive website. Retail Shows in 2015 will add 100,000 to gross revenue. Seller is willing and expecting to stay on for an appropriate length of time at an agreed upon salary to help the buyer in any way they can. For instance, they would continue to design as well as introduce the buyer to my European vendors, as well as industry and vendor resources.

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Financials (USD)

Asking Price $275,000

Cash Flow $85,000

Sales $353,000

Deal Terms

Represented by broker? Available On Request

Buyer Fee? Available On Request

Seller Financing? Available On Request

Willing to co-broke? Available On Request

Principals only? Available On Request

Franchise? Available On Request

Management will stay? Available On Request

Relocatable? Available On Request

Real Estate? Available On Request

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