Elegant Silver & Gift Boutique in the Heart of the French Quarter

Asking Price$799,000

Cash Flow
$400,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$400,000

Inventory$2,000,000
Included in asking price
FF&E$75,000
Included in asking price
Office Space
Inside
Store Front
Inside
Back Storage
Back Storage Cont...
Office Space
Inside
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Elegant Silver & Gift Boutique in the Heart of the French Quarter


Asking Price$799,000

Cash Flow
$400,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$400,000

Inventory$2,000,000
Included in asking price
FF&E$75,000
Included in asking price

Seller Financing Available
Business Description
After 40 rewarding years, my wife and I are moving towards retirement, leaving behind our flourishing business with a rich inventory, guaranteed to last over a decade. Despite downsizing due to COVID-19, our newly revamped website and loyal clientele remain stronger than ever. Nestled in the heart of New Orleans' French Quarter, this boutique offers a blend of tradition, quality, and unparalleled location, promising a seamless transition to the next passionate owner ready to continue our legacy.
About the Business
Years in Operation
37
Number of Employees
2
Currently Home Based
Yes
Facilities & Assets
Our boutique stands out with over 400 unique jewelry designs. We’re passionate about teaching the art of crafting exquisite silver and gold pieces. Recently, we've upgraded with $50,000 in elegant display cases, enhancing our shop's charm. Situated in a prime location for over 20 years, we offer a stable long-term lease and convenient private parking a block away. This turnkey operation is ready for someone ready to blend tradition with creativity in a welcoming, supportive environment.
Website
https://www.sterlingsilvia.com
Market Outlook / Competition
Given that we design and craft the majority of our jewelry in-house, we face minimal direct competition. Our store is highly esteemed within the local community, marking it as a truly unique establishment.
Opportunities for Growth
Our current inventory is substantial enough to facilitate the reopening of 2-3 additional stores, offering ample opportunities for expansion either locally or in any desired location.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,000
Rent
$3,500.00 per month
Lease Expiration
4/30/2026
About the Sale
Seller Motivation
With over four decades of dedication to our craft, my wife and I believe it is t
Transition Support
We are prepared to offer training and support to the new owner for a period of 6 to 12 months, tailored to their specific needs.
Financing Options
60% upfront and monthly payments.
Listing Info
ID
2225433
Listing Views
3367
Business Location

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Business Listed by: juan asturias

Listing ID: 2225433 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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