Charming Jewelry Store with Long History

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History at this location for 91 years!
Asking Price:
$100,000

Gross Revenue:
$150,974
Cash Flow:
$63,532
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$100,000
not included in asking price

FF&E:
$6,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Full service jewelry store including jewelry, watch and clock repair. The seller buys jewelry and resells it after any necessary repairs or maintenance. The shop has a loyal customer base with new customers on a regular basis. There has been a jewelry store in this location for 91 years. The seller took over this space in 2002. This shop has a fantastic reputation in the community and online. Inventory valued at approximately $100,000 is not included in the offering price, but is available for purchase.

About the Business

Location:
Multnomah County, Oregon
Year Established:
2002
Facilities:
The business occupies 1200 square feet of retail space on a major street connecting Portland and Gresham and Mount Hood resort areas.
Market Outlook/
Competition:
There is local competition. This shop prides itself in its integrity, and their quality work on treasured items belonging to their loyal clients.
Growth & Expansion:
A new owner should advertise more and expend the shop's services to encourage customers to use the shop more frequently.
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About the Sale

Reason For Selling:
Retirement.
Training/Support:
Will train for 4 weeks @ $0 cost.
Full service jewelry store that offers a variety of products and services.

Listing Info

ID:
1616346
Ad Detail Views:
0

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Business Listed by

Linn A. Crader

Murphy Business - Pacific Northwest & Los Angeles
License# 780401796

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