Established Jeweler – 500+ Five-Star Reviews
Business Description
Full Service Retail Jeweler with Nearly 500 5-Star Reviews
This Pinellas County, FL full-service jeweler has been in business for 38 years and has achieved an impeccable customer following, as evidenced by their Google Reviews. Products and services include retail jewelry and watches, custom-designed pieces and onsite production, jewelry repair, precious metal and diamond buying/recycling, cleaning, plating, sizing, and more. The business has an extensive list of suppliers eager to work with a new owner to support and grow the business.
A full-time manager and a part-time assistant are expected to stay with the business. SDE has been reduced to accommodate the replacement of one or two full-time working owners who will need to be replaced during an appropriate transition period.
Inventory value, which fluctuates throughout the year and with metals markets, is expected to be approximately $75K at the time of closing. Be advised that the final sale price will be adjusted based on inventory levels and the current precious metal market prices at closing. Additional inventory, if any, may be made available to the buyer on a consignment basis, subject to mutually agreeable terms.
The company’s fiscal year ends September 30, so 2023 financials, for example, are for the period ending 9/30/24.
For more information, buyer must submit an NDA, Buyer Profile, and Personal Financial Statement.
Listing # 924-25084
This Pinellas County, FL full-service jeweler has been in business for 38 years and has achieved an impeccable customer following, as evidenced by their Google Reviews. Products and services include retail jewelry and watches, custom-designed pieces and onsite production, jewelry repair, precious metal and diamond buying/recycling, cleaning, plating, sizing, and more. The business has an extensive list of suppliers eager to work with a new owner to support and grow the business.
A full-time manager and a part-time assistant are expected to stay with the business. SDE has been reduced to accommodate the replacement of one or two full-time working owners who will need to be replaced during an appropriate transition period.
Inventory value, which fluctuates throughout the year and with metals markets, is expected to be approximately $75K at the time of closing. Be advised that the final sale price will be adjusted based on inventory levels and the current precious metal market prices at closing. Additional inventory, if any, may be made available to the buyer on a consignment basis, subject to mutually agreeable terms.
The company’s fiscal year ends September 30, so 2023 financials, for example, are for the period ending 9/30/24.
For more information, buyer must submit an NDA, Buyer Profile, and Personal Financial Statement.
Listing # 924-25084
About the Business
- Years in Operation
- 38
- Number of Employees
- 2
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 970
- Rent
- Not Disclosed
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Weeks Training: 2 Cost: $0
- Financing Options
- $33,000 down / 120 payments of $3,726.95
Listing Info
- ID
- 2410984
- Listing Views
- 11
Listing ID: 2410984 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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