Established Jewelry store

Asking Price$199,999

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,370,972

InventoryNot Disclosed

FF&E$35,000
Included in asking price
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Established Jewelry store


Asking Price$199,999

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,370,972

InventoryNot Disclosed

FF&E$35,000
Included in asking price

Seller Financing Available
Business Description
This is a well established turn key retail jewelry store in a densely populated high traffic area. The main revenue streams of the business are retail sales, repairs, custom manufacturing and scrap gold/estate buying. This store is ideal for an owner/operator or absentee investor. All furniture and fixtures are included in the sales price as well as the client list that includes 3335 names, phone numbers, mailing addresses and email addresses. All business financials, sales records, customer information, bank statements and vendor lists are available for review and verification. Jewelry inventory is not included. Current owner is willing to sell all, part or none of the current standing inventory depending on buyers preference. This business would be a good fit for a jeweler who wants to re-locate to the Phoenix area, a local business wanting to expand or add an additional location or an entrepreneur who wants to enter the jewelry business. This is a proven store with competent, well trained employees, established clientele, excellent vendor relationships and a sparkling reputation in the community.
About the Business
Years in Operation
46
Employees
8 (4 Full-time, 3 Part-time, 1 Contractor)
Facilities & Assets
All Furniture, Fixtures, business supplies, tools and equipment (Excluding jewelry Inventory) on site included in purchase price including but not limited to:
Large TL-30 Safe,
Secondary UL Rated Safe,
All Showcases,
Cash Counter,
Jewelry Display Elements,
Many Holiday Store Decorations,
Gift wrapping Supplies,
Ultrasonics,
Steamer,
Jewelers Bench,
Jewelers Tools,
Torch,
Diamond Tester,
Scales,
Catalogues,
Computers ,
Printers,
all office supplies,
Outside Banners and Signage,
Market Outlook / Competition
Store is located on a heavily traveled intersection of 2 Major Arteries. Traffic count is aprox 95,000 vehicles per day. The Surrounding area is high density with aprox 350,000 residents and aprox 9,000 businesses located within 1 mile. There is no retail competition in the neighborhood at this time. Average household income within 5 mile radius is over $105,000.00
Opportunities for Growth
Promote and expand over the counter buying, retail sales, repair and custom manufacturing activities.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,530
Rent
$2,950.00 per month
About the Sale
Seller Motivation
diversificaion.
Transition Support
Negotiable. Willing to transition to new ownership with onsite training alongside current employees. We can meet your training needs as necessary.
Financing Options
6.5% interest with at least 35% down payment
Listing Info
ID
2493560
Listing Views
0
Attached DocumentsAttachment Disclaimer

Gold Buying Totals.pdf

ProfitandLoss.pdf


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Business Listed by: Manager

Listing ID: 2493560 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.