Very Profitable Wholesale Jeweler for Sale in North Texas!
About this business for saleVery Profitable Wholesale Jeweler for Sale in North Texas!
This very profitable Wholesale Jewelry Business has been family owned and operating in Dallas Texas for 30 years! The owner has continued to grow the business over the past few years but is looking to finally retire. The business inventory consists of $200,000 of merchandise for jewelry display and products for the industry along with $800,000 in Gold and Silver and there is NO debt on the business. The seller will negotiate off the asking price of $1,850,000.00 with his Gold and Silver Inventory if a buyer does not want to purchase all the inventory with the business. In 2015 total sales were $3,300.00.00, in 2016 total sales were $4,227,000.00, (21.9% increase) in 2017 total sales were $5,060,000.00 (16.5% increase) and estimated 2018 sales will be $6,145,000.00 (17.6% increase)! The average SDE over the past 3 years is $325,333.00 with 2018 estimated at $372,000.00! This is an amazing successful business for a new owner to step into and start making money Day ONE! For more information on this Great Opportunity, please contact Tom Diedrich of LINK Business DFW at: email@example.com or by cell at: 214-316-5882. I look forward to working with you!
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.