Inventory Basis:at cost, additional
For over 30 years, the company’s focus has been to sell a particular fashion accessory building block item and has become the go-to source on a retail and wholesale basis for this particular item. They carry a breath of inventory, selection and quality that competitors do not match and have developed a brand name, which is included in the business sale, that is synonymous with the product. Over many years, the owner cemented long-term relationships with key suppliers ,many overseas, which continue even while owner has become absentee in running the business. Gross margins typically run at mid 50th%.
The Company’s mission is to provide each customer a unique and fulfilling experience by offering the best service, the best selection, the highest quality products, and a creative environment in which customers can release their imagination. Elegant and eye appealing establishments in great areas.
The Company operates 1 store in Pennsylvania (the Company also has 2 stores in a close by state which can be sold addition on a PA store). Each of the stores provides a unique atmosphere to inspire customer creativity. The Company has an excellent reputation and a loyal, diverse retail and wholesale customer base.
While the vast majority of revenue comes from wholesale and retail operations, the Company provides other services such as a variety of group and private classes and parties.
This is a great opportunity to purchase the most established and best name in the area in this industry.Employees:
the owner will consider for consignment terms for a part of inventory.
The owner will advise and help the buyer on all aspects of the company's operations and introduce him to key connections