Established Jewelry Store and Workbench in Destin, FL
Business Description
Once in a lifetime opportunity for a experienced Bench Jeweler to take over a turnkey and established Jewlery store with workbench in Destin, Florida due to the owner wanting to retire by the end of the year 2025.
The location of the store couldn't be any better, in a busy shopping mall directly on a busy street that guarantees free advertising.
The business is well established and known for being the only store in town to have workbenches and offers inhouse repair. The store offers next to repair work and custom Jewlery also the sale of Jewlery, some is inventory, some is consignment.
A qualified new owner can start this business and take over the stores inventory on consignment basis, meaning you can start the business without having to spend a dime on inventory.
This business can be perfectly run as a family business.
The asking price is a special price for a qualified Jeweler that will take over and run the business basically at the cost of having to furnish a new store, for investors the asking price of the business is $80,000.00!
The location of the store couldn't be any better, in a busy shopping mall directly on a busy street that guarantees free advertising.
The business is well established and known for being the only store in town to have workbenches and offers inhouse repair. The store offers next to repair work and custom Jewlery also the sale of Jewlery, some is inventory, some is consignment.
A qualified new owner can start this business and take over the stores inventory on consignment basis, meaning you can start the business without having to spend a dime on inventory.
This business can be perfectly run as a family business.
The asking price is a special price for a qualified Jeweler that will take over and run the business basically at the cost of having to furnish a new store, for investors the asking price of the business is $80,000.00!
About the Business
- Years in Operation
- 27
- Number of Employees
- 2
- Facilities & Assets
- The store if fully furnished and comes with all the display units, decorations, workbenches and machines (some exceptions). Also included is a POS System that was custom designed for this store. The owner is offering to leave inventory in the amount of 800k on consignment to a qualified buyer.
- Market Outlook / Competition
- This is the only store in town that offers inhouse Jewlery repair and has therefore no competition in the near surrounding area. This is the store locals get their Jewlery fixed if they don't want to wait 3 weeks to get their items fixed.
- Opportunities for Growth
- The business is currently not offering any online sales, that could be a huge expansion possibility.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,000
- Rent
- $2,900.00 per month
- Lease Expiration
- 4/1/2028
About the Sale
- Seller Motivation
- Retirement after being a Jeweler for 50 years.
- Transition Support
- Owner and current employees will remain in the business to properly hand over the operations and for training. Employees are open to employment offers from new owner.
Listing Info
- ID
- 2372288
- Listing Views
- 605
Business Location
Listing ID: 2372288 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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