Business for Sale Overview:
The seller has done extremely well in this amazing business by dealing solely in second-hand gold, diamonds, custom and imported jewelry. He also repairs jewelry, sets stones, and replaces watch batteries and glass at a huge markup. Profit margins on gold items are in the neighborhood of 300%. Seller is well known in the neighborhood. About seven or eight people transacted business with him during the hour the broker observed the business. At just 50 years of age, seller is ready to retire to Florida.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
This is a very bright and pretty store with security tight as a drum. Great visibility through a large expanse of bulletproof glass with three built-in rotating windows. Display cases line one side of the store and could be installed on the opposite wall for other types of merchandise, like electronics. Seller repairs items in a small area in rear of store with two enormous safes for company. Lease allows other kinds of business on the premises, such as money wiring services. Store includes 900 square feet of basement space, currently not in use.
Reason for Selling:
Relocating
Additional Details:
- The property is leased.
- The owner is not willing to train/assist the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.