Active
Jewelry Store, Repair and Custom Jewelry Design
Lender pre-qualified with 10% down. Profitable and growing Full service, hometown jewelry store offering complete jewelry repair, custom design services and a wide variety of high quality and beautiful jewelry. The current owner works in the business and is responsible for running the business as well as the repair and CAD-based design and manufacture of the custom jewelry. New owner does not need to be a certified jeweler as the owner currently has an established sub-contractor for these services as well. This is a customer-focused business that has been in business for many years and has created a superb reputation with many repeat customers within 60 mile radius and also farther away. Jewelry inventory will be counted prior to the sale closing and added to the total purchase price.
Listed By: Josh Grode Wolters
Ad#:2038602
Listed By: Josh Grode Wolters
Background information
Year established:
1945
Reason selling:
Transition to retirement.
Finance
Sales:
$1,012,139
Profits:
$452,175
Operations
Employees:
5
Equipment:
Included in asking price $20,000
Inventory:
Not included in asking price
Premises
Facility:
The business operates from a commercial location on the main street in downtown. The location has ample display and sales floor space, office space and and a production/design/repair area. There is suitable parking available. The real estate is owned by the jewelry store owner and is available for lease.
Rent and lease terms:
N/A
Opportunities
Growth:
E-Commerce and increased sales and marketing.
Price and terms
Price:
$790,000
Financing:
Lender pre-screened with $79K down.
Training:
Will train for 2 weeks @ $0 cost.