This is a well-established, innovative handcrafted Africa-inspired jewellery business that supplies varying ranges of jewellery, mainly to tourist destination shops, locally and internationally.
They are an ethically-trading company and have an excellent team of jewellery producers who are fully trained.
This would ideally suit a creative person with a flair for design.
Turnover – R800 000 pa
Expenses – R440 000 pa
ADJ Net profit – R 350 000 pa
Stock – R130 000 (included in sale)
Established – 28 years
Staff – 6 (contracted)
Rent – Nil (home based)
Opportunities – A fresh set of eyes and a solid marketing plan will grow this business exponentially.
Reason for sale – Retiring
Selling price – R560 000 including stock value (approximately R130k)
ROI – 63%
Contact – Gary@biz2sell.co.za Tel 072 307 5837