Long Established One of Kind Jewelry Store

Contact Seller
Asking Price:
$220,000

Gross Revenue:
$263,612
Cash Flow:
$65,621
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$50,000
included in asking price

FF&E:
$65,000
included in asking price

Real Estate:
 Not Disclosed

Share this business:

Business Description

Prime location boutique store in the epicenter of a bustling area of numerous retail businesses is available for acquisition. This business was originally established over three decades ago in 1987 and was acquired later by the current owner of the business recently in 2017. Most of the customers are middle to upper-class individuals and tourists that are mainly foot traffic in this jam packed area of retail businesses as well as residents from the densely populated neighborhoods. Net sales average was $220,000/year that has been consistent over the last decade as the area brings a constant stream of customers and tourists with minimal marketing needed to sustain the business. Although some marketing is done on social media and by word of mouth, other proactive marketing can be utilized to bring more customers and attract the eyes of tourists to maximize income potential. Competition is expected due to the area being jam packed with businesses, but this business has the best prices for their products while having their own unique style that is very attractive to the general crowd. There are many ways to proactively market this business such as direct mailing, bright signage, local events, rebrand website, social media outlets and using more local artists for unique products. Bringing in local artists will expand the current inventory that is unique to this business that other competitors won't carry within their business. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.

Listing ID #000755
For more info, please call Stephen Lee at 1-866-519-2421.

About the Business

Location:
Fort Worth, Texas
Year Established:
1987
Number of Employees:
1PT
Facilities:
This business is located in a 300 SF space of a retail strip center of a popular area full of retail businesses and foot traffic throughout all operation hours.
Market Outlook/
Competition:
Few competitors are within the immediate market area of this business, but this business has the best pricing within the local area while maintaining their own style of vintage accessories.
Growth & Expansion:
There is some marketing in place through social media outlets and word of mouth. No other proactive marketing is currently done.
Contact the Seller

About the Sale

Reason For Selling:
Health Issues
Training/Support:
The owner of the business will provide the necessary training needed to smoothly transition into the business operation.
Seller Financing:
100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Bu

Listing Info

ID:
1583467
Ad Detail Views:
0

Contact the Seller
Please confirm you're not a robot
Contact the Seller
Business Listed by

V-AID Group, Inc.

www.v-aidgroup.com
License# 567204

 Show Phone Number

View My 184 Active Listings

Similar Listings


Report an Issue 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.