Jewelry Store, Repair and Custom Jewelry Design

Asking Price$790,000

Cash Flow
$377,892
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$863,355

Inventory$250,000
Not included in asking price
FF&E$20,000
Included in asking price
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Jewelry Store, Repair and Custom Jewelry Design


Asking Price$790,000

Cash Flow
$377,892
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$863,355

Inventory$250,000
Not included in asking price
FF&E$20,000
Included in asking price
Business Description
Complete Jewelry Repair and Custom Design
Profitable and growing Full service, hometown jewelry store offering complete jewelry repair, custom design services and a wide variety of high quality and beautiful jewelry. The current owner works in the business and is responsible for running the business as well as the repair and CAD-based design and manufacture of the custom jewelry. New owner does not need to be a certified jeweler as the owner currently has an established sub-contractor for these services as well. This is a customer-focused business that has been in business for many years and has created a superb reputation with many repeat customers within 60 mile radius and also farther away. Jewelry inventory will be counted prior to the sale closing and added to the total purchase price.
About the Business
Years in Operation
80
Employees
5
Facilities & Assets
The business operates from a commercial location on the main street in downtown. The location has ample display and sales floor space, office space and and a production/design/repair area. There is suitable parking available. The real estate is owned by the jewelry store owner and is available for lease.
Market Outlook / Competition
There is a normal amount of retail and on-line competition for jewelry products and services.
Opportunities for Growth
E-Commerce and increased sales and marketing.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,600
About the Sale
Seller Motivation
Transition to retirement.
Transition Support
Will train for 2 weeks @ $0 cost.
Listing Info
ID
2038602
Listing Views
2520

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Business Listed by: Patrick Steffl Murphy Business & Financial Corporation

Listing ID: 2038602 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.