Reputable name in the industry, it would be difficult for someone to start up what they have from scratch. The seller is willing to highly train, and to ensure a smooth transition! There are also excellent repairman and designers on staff.
In addition, they sell multiple other high margin items such as fine watches and gold coins.
Owner financing is available with a significant down payment, and a qualified buyer. Great opportunity, don't miss it!
About the Business
Number of Employees:
The property is leased, but could be available for purchase. There is ample space to grow, and with a signed non-disclosure, can also provide additional information on how this space has exclusive and proprietary areas that are not able to obtained in other areas of the city.
They make custom jewelry and do repairs.
Growth & Expansion:
There is plenty of room to grow. Very little has been done in the way of advertising, especially on social media.
Seller has multiple businesses and can't manage them all.
Seller is committed to ensuring a smooth transition and reasonable time to train.
with significant down payment
Ad Detail Views:
Asking Price: $100,000 Gross Revenue: $360,000Cash Flow: $70,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $50,000 not included in asking priceFF&E: Not Disclosed included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Owner Financing Jewelry Retail, Custom Design, and Repair
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 & Conditions.