Thriving Boutique Jewelry Retailer in High-Traffic Location
Business Description
This well-established jewelry retailer has been serving Northern
Minnesota for nearly two decades, offering a wide range of bridal,
fashion, and anniversary jewelry alongside expert repair
services. The business has built a strong reputation for its high-
quality products, attention to detail, and exceptional customer
service. It caters to a diverse customer base, ranging from young
professionals and blue-collar workers to retirees and self-
purchasing individuals. The store is located in a high-traffic,
historic retail space that draws consistent foot traffic and enhances
its visibility within the community.
The business has experienced steady revenue and profitability,
with Seller’s Discretionary Earnings (SDE) of $300,009 in 2024.
Key revenue drivers include bridal and fashion jewelry, each
contributing about 40% of total sales, while repair services account
for an additional 15%. The store holds an inventory valued between
$200,000 included in sale, featuring unique and carefully curated
pieces.
Opportunities for growth include expanding into new service offerings such as engraving, ear piercing, appraisal events, and permanent jewelry. There is also potential to increase revenue through enhanced marketing efforts on platforms like Instagram, TikTok, and by leveraging the existing customer database for targeted email campaigns. The store’s consistent performance, combined with its strong community ties and loyal customer base, makes it an attractive acquisition for a buyer with jewelry industry experience or a strong sales background.
Jewelry repairs are subcontracted with another company making this a perfect fit for anyone with a passion for jewelry.
Interested buyers should have $80,000 in available capital for the down payment.
Sunbelt Listing ID: 56339
Minnesota for nearly two decades, offering a wide range of bridal,
fashion, and anniversary jewelry alongside expert repair
services. The business has built a strong reputation for its high-
quality products, attention to detail, and exceptional customer
service. It caters to a diverse customer base, ranging from young
professionals and blue-collar workers to retirees and self-
purchasing individuals. The store is located in a high-traffic,
historic retail space that draws consistent foot traffic and enhances
its visibility within the community.
The business has experienced steady revenue and profitability,
with Seller’s Discretionary Earnings (SDE) of $300,009 in 2024.
Key revenue drivers include bridal and fashion jewelry, each
contributing about 40% of total sales, while repair services account
for an additional 15%. The store holds an inventory valued between
$200,000 included in sale, featuring unique and carefully curated
pieces.
Opportunities for growth include expanding into new service offerings such as engraving, ear piercing, appraisal events, and permanent jewelry. There is also potential to increase revenue through enhanced marketing efforts on platforms like Instagram, TikTok, and by leveraging the existing customer database for targeted email campaigns. The store’s consistent performance, combined with its strong community ties and loyal customer base, makes it an attractive acquisition for a buyer with jewelry industry experience or a strong sales background.
Jewelry repairs are subcontracted with another company making this a perfect fit for anyone with a passion for jewelry.
Interested buyers should have $80,000 in available capital for the down payment.
Sunbelt Listing ID: 56339
About the Business
- Years in Operation
- 20
- Employees
- 5
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 835
About the Sale
- Seller Motivation
- Retirement
- Financing Options
- Down Payment of $80,000. SBA Financing.
Listing Info
- ID
- 2332732
- Listing Views
- 498
Listing ID: 2332732 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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