Jewelry Retailer With Multiple Locations for Sale

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Asking Price:
$3,000,000

Gross Revenue:
$5,636,518
Cash Flow:
$452,443
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$1,500,000
included in asking price

FF&E:
$500,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

For Sale - Profitable, well established chain of 3 to 4 jewelry and diamond stores scattered through the Wasatch Front of Northern Utah. They are well known for their diamond engagement/wedding sets, as well as watches and other jewelry. They offer a full custom design service (including in house goldsmiths), in house jewelry repair, appraisals, and cleaning. They also offer investment quality diamonds and collectables.
This family owned business has been serving it’s loyal customers for over 28 years. With multiply stores located in high traffic locations, this is a true turn key operation, with long term management and employees in place. They consistently gross $4M -$6M in sales annually, with several recent years as high as $8M. Sellers also have significant additional inventory which they are willing to consignment to the right buyer.

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About the Sale

Seller Financing:
Negotiate Your Terms

Listing Info

ID:
1514537
Ad Detail Views:
350

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Business Listed by

Paul Evans

North American Alliance of Business Brokers

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Sponsoring Broker:

Scott Radin
North American Alliance of Business Brokers

U.S. Census Data for Utah County, UT
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Utah County, UT
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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