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- RE: 44 Years Iconic Jewelry Store Prime Location
- Contact: Charles Daucourt
Quick Facts
Asking Price: | $250,000 | |
Annual Revenue: | $520,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $105,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1979 | |
Employees: | 2 | |
BBN Listing #: | 933509 | |
Broker Reference #: | 9525-942859 |
Business Overview:
Overview:
An exceptional business opportunity nestled in the heart of the highly coveted Atlantic Avenue in Virginia Beach, Virginia. This Jewelry is a well-established and thriving business with a remarkable history of success with over 44 years at the same location. This is your chance to acquire a business that boasts an impressive total revenue of +$500,000 and seller discretionary earnings of over $100,000. Key Features: Extraordinary Location: This Jewelry enjoys a prime location in the bustling center of Atlantic Avenue, Virginia Beach. This location ensures a continuous stream of foot traffic and maximum visibility, making it a premier destination for both locals and tourists. The extraordinary location of this Jewelry sets it apart from the competition and offers an unparalleled opportunity for success. Established Reputation: This Jewelry has built a strong reputation over the years, both within the local community and among visitors. Customers trust and return to this Jewelry for its exquisite and unique jewelry collections, as well as its commitment to exceptional customer service. This established reputation is a valuable asset that the new owner can leverage for future growth.
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Property Features and Assets:
Monthly Rent:$4,500.00
Square Units (Foot, Meter):1,000
Terms Options:5 years
FF&E Overview: Number of items Description14 6’ tall tower display cases7 6’ glass horizontal display cases1 cash register1 printer11 wood countertop revolving displays2 cash register stands1 cordless phone with 5 handsets1 5’ tall steel file cabinet1 Desktop Computer with Monitor1 website photography studio1 jeweler’s bench with tools2 jeweler’s buffing machines1 jeweler’s buffing machine stand5 rolling storage shelving units1 ADT security system with monitor1 10’ retail work counter
FF&E General Condition: good condition
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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