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Business For Sale

Family Owned Operated Jewelry Store

Suffolk County, NY

Retail: Non-classifiable

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$175,000
$368,664
Not Disclosed
$64,336
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1986
6
6074447

Business Overview:

Family Owned and Operated Jewelry Store in business for over 25 years. This business has a strong tradition of quality and integrity since 1981. The owner is now 76 years old and ready to retire. They specialize in fine jewelry, watches and repair. They have a computer system to track inventory and a jeweler that comes in at least 3 days a week to handle all custom work. Don't be intimidated! You do not need to have an extensive background in the jewelery business to run this store. The jeweler is there to handle all complicated work and he will stay on following the sale. Now is a great time to get in the business as they go into their busiest and most profitable time of the year. Last year the business Grossed approximately $400,000 with a Net of approximately $64,337. This is after paying over $100,000 in payroll. A hands on owner/operator could drastically cut payroll. This is a business with a solid track record and very little labor.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Reason for Selling:

personal

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

Resources: