70 year old family business on Main St in historic harborside town
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Full service business with jewelry & watch retail and repair.
70 year old family business on the main street in the center of an historic harborside New England town. With 3 generations of returning customers this business has been serving the community and the surrounding areas since 1956. Fine jewelry designer lines, jewelry repair, design and fabrication PLUS watch repair onsite. Profitable with historic sites and a university nearby.
About the Business
- Years in Operation
- 70
- Facilities & Assets
- 5 counter/display cases with locks, 4 free standing floor display cases with locks. 2 antique (1902 made in house) large three shelf lockable oak wall display cases with locks, 2 non lockable glass free standing display cases. All display cases are equipped with LED lighting. Two large combination safes with alarm features. 8.75' x 6.75' front display window and 4' x 8.75' side entry display window both with 3M shatter proof glass. 7 camera security system. LED lighting system throughout store.
- Market Outlook / Competition
- This business is situated in the center of the downtown area (one block from the harbor) and the location has been a jewelry business since the building was erected in 1899. There is a jewelry designer on the opposite side of town. The next nearest jewelry business is two towns north of this location.
- Opportunities for Growth
- Our business has grown 5% to 14% per year since 2014. By continuing to provide quality service and products to the area future growth is likely to continue.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 864
- Rent
- $1,175 per month
- Lease Expiration
- 2/11/2028
About the Sale
- Seller Motivation
- Retiring.
Listing Info
- ID
- 2528280
- Listing Views
Business Location
Listing ID: 2528280 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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