Business Description

This business is one of the largest clasp connection manufacturers in the world. With over 18,000 different styles to choose from they dominate this niche market. The clasps are used for high end jewelry such as pearl necklaces, gold chains and a variety of pendants. The owner has taken a 35 year old company, and has grown it over the last 24 years, to become a dominant player in this industry. Most of the business is done via the Internet and catalog. His clients (300 ) range from large stores to smaller jewelry stores. All business is done by wholesale only. The manufacturing is done on premises (all except the platinum settings). All the clients will stay when the new owner takes over. The seller also, might be looking to partner up if the right person comes along. New owner needs to have some experience in this field. Management skills are also required for the partnership approach. Because this business is already running the learning curve will be fairly quick.Could be a partnership as well.