Ajstools
Off-MarketEast Brunswick, NJ
Distributor Of Tools, Machinery, Equipment, Consumables, And Supplies Used Primarily By Jewelry Manufacturers, Jewelry Stores, And Jewelry Repair Businesses
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$4,000,000
$700,000
17.5%
1992
Past 24h
Customers
Primarily B2B customers: jewelry manufacturers, jewelry stores, jewelry repair businesses, and other companies using related equipment. Some customers are dentists or businesses in adjacent industries.
Customer Acquisition
The company relies heavily on its established reputation, repeat customers, existing relationships, commissioned salespeople, and referrals. One outside equipment-repair contact refers customers to the company. It also participates in a major jewelry trade show and maintains relationships through an industry show in Vicenza, Italy.
Team
8 employees
Owner's Role
Owner is highly hands-on and handles purchasing, manufacturer relationships, sales, warehouse oversight, shipping quality control, payroll, accounting, finance, and general staff supervision. He opens and closes the operation and oversees day-to-day execution. His partner works remotely, handles sales and relationships with several major repeat customers, and orders spare parts and consumables from the German supplier. Both roles would need to be replaced or transitioned, although an existing key employee has been trained to handle much of Owner's work
Reason for Selling
The owner’s 50/50 partner is turning approximately 65, wants to retire, has moved to Florida, and no longer wants to commit to a new lease. The owner is also interested in stepping away, although he does not intend to retire completely and is willing to assist a buyer
Contracts
No
Real Estate
No
When Are You Looking to Sell
ASAP
Licenses Required
No
Additional Notes
The owners are **50/50 partners**. The company carries approximately **$1 million in inventory**. The owner believes its replacement value may be around **$1.1–$1.15 million** because some inventory was purchased before tariffs. The sale would include the inventory, company truck, and essentially all operating assets except the seller’s personal belongings. The company carries more than **5,000 SKUs** and ships approximately **10–15 pallets per week**. It operates a company truck into New York City once per week, sometimes carrying approximately **12,000 pounds** of products. The company reportedly has exclusive or near-exclusive U.S. distribution relationships for several products and has customers in Canada as well
Business ID: 2020
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