Destination Upscale Jewelry Store
Business Description
Upscale Jewelry Store
Seller retiring after 27 successful years. Looking for buyer to continue profitable, turnkey, staffed business in an anchored shopping center. Owner operator or manager if preferred. Stabilized sales with growth opportunities. Inventory includes upscale jewelry of every genre, high end watches, clocks, sterling silver, crystal, trophies and engraving, and more. Additional cash flow includes jewelry repair, watch repair, and clock repair services.
About the Business
- Years in Operation
- 30
- Employees
- 6
- Currently Relocatable
- Yes
- Facilities & Assets
- Turnkey store with showroom, office, kitchen, restroom. Double condo space, open surface parking, great visibility in a grocery store anchored shopping center. Upscale buildout.
- Market Outlook / Competition
- No direct competition. Seller heavily involved in local community, organizations, and volunteer work which translates back to the store. Seller will introduce new owner to the community network.
- Opportunities for Growth
- There are ways to increase sales and reduce expenses that go directly to the bottom line. Continued community involvement, online sales and increasing hours are some suggestions. Addltional locations could be added with the already predominent name.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,350
- Rent
- $1,913.00 per month
- Lease Expiration
- 9/1/2027
About the Sale
- Seller Motivation
- Retiring
- Transition Support
- Seller and employees will train new owners. Seller will consider part time work after free training is completed. All employees stay except owner and bookkeeper who will both stay for free transfer training.
- Financing Options
- Seller will consider with minimum 50% down.
Listing Info
- ID
- 2384037
- Listing Views
- 407
Listing ID: 2384037 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.
