Absentee Run Jewelry Business for sale in Philadelphia County

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Asking Price:
$120,000

Gross Revenue:
$270,000
Cash Flow:
$95,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$30,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

Absentee owner selling Fashion Jewelry business located in a Philadelphia area Mall. Huge profit margins reach between 65% to 70%. Average sales are over $20,000 per month plus higher volume during Holiday Season. Owner expects sales to go up. The owner just invested $37,000 to construct a much bigger Kiosk in a more prominent spot of the Mall. Store is run by employees. No repairs done at the store. Seller financing available. Rent is relatively low at $4,100 per month and does not change during the holiday months. Inventory is around $30,000 and cash flow after all operating expenses is around $95,000. Seller is asking $120,000 which includes inventory in asking price.

About the Business

Year Established:
1996
Real Estate:
Leased
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Listing Info

ID:
1371514
Ad Detail Views:
669

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Business Listed by

Satish Suri

ASPIRA Business Brokers & Advisors

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Sponsoring Broker:

Orlando Rivera, J.D.
ASPIRA Business Brokers & Advisors

U.S. Census Data for Delaware and Philadelphia Counties, PA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Delaware and Philadelphia Counties, PA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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