Long Standing Jewelry Store in Montrose Available for Sale

Asking Price$490,000

Cash Flow
$87,734
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$622,713

Inventory$300,000
Included in asking price
FF&ENot Disclosed

Save1/2

Long Standing Jewelry Store in Montrose Available for Sale


Asking Price$490,000

Cash Flow
$87,734
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$622,713

Inventory$300,000
Included in asking price
FF&ENot Disclosed

Business Description
Highly rated specialty jewelry store
Take advantage of a rare opportunity to step into a long standing and profitable specialty jewelry store located in the heart of Montrose. The store is professionally merchandised, fully staffed and well positioned in a high traffic area on Westheimer.

This beloved store has cultivated a loyal customer base and has built a strong community presence over 40 years. In addition to its jewelry sales, a significant amount of revenue is generated each month as the "go to source" in Montrose for jewelry repairs. Customer reviews and tributes are excellent and well earned.

The founder and longtime owner is looking to retire but is committed to helping a new owner continue the success of his business. Favorable lease terms are in place and can be easily extended with a supportive landlord.

The sale includes approximately $300,000 of fresh, popular on-site inventory .

For more information contact Ron Spolane at 713 854-3481.
About the Business
Employees
2
Facilities & Assets
Multi-tenant facility
Lease expires 2027
Favorable lease terms are in place and can be easily extended with a supportive landlord
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
800
Rent
Not Disclosed
Lease Expiration
12/31/2027
About the Sale
Seller Motivation
Owner is ready to retire
Transition Support
The Seller will provide training to the Buyer after the sale of the business on a schedule agreed to by both parties to ensure a smooth transition.
Listing Info
ID
2353454
Listing Views
842

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Ron Spolane Sunbelt Business Brokers of Houston

Listing ID: 2353454 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.