Selling jewelry made of amber

Business description

Business for sale (Department in a jewelry store) selling jewelry made of amber (including with use of precious metals.
The business is focused primarily on Chinese tourists.
The store is located in the center of Irkutsk, is included in all tourist routes in the city.
Contracts with a reliable supplier, with the leading travel agents of the city (like companies, and private guides), the lease agreement (of 11 months. with prolongation), complete with staff.
The value of the business is determined by the cost of inventories.
Successfully operating in 2017.
The average revenue is 20-22 million RUB/year.
The profitability of 70-75%.
Payback in 2-3 years.
Reason for sale — moving to another region.

Financial ratios

Sale
of business share ( %)
Price of business share
20 000 000
Monthly net profit
900000
Monthly average turnover
1800000
Monthly average expenses
900000

Assets

Quantity of employees
2
Additional information on staff

Competent trained salespeople, who understand the specifics of business

Wages fund
Forty five thousand
Additional information about premises

Jewelry store, located in the city centre on Karl Marx street that is included in all tourist routes

Intangible assets

A contract with a reliable and proven supplier agreements with leading travel agents of the city (like companies, and private guides), if necessary — consultations on the specifics of the work, assistance in the selection range

Additional information

Business age
2 years
Entity type
SP
Translated by "Yandex.Translator"
Project No. 52259
Created on: 12.08.2019

Sale: of business share


Share amount: %

Business price: 20 000 000


Monthly profit: 900000

Monthly average turnover: 1800000

Monthly average expenses: 900000


434 reviews

Contact details of entrepreneur

Voloshin Nikolay

Russia, Irkutsk Oblast, Irkutsk
Trade