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  • RE:  NE OH Gem - Trusted Custom Jeweler - Retail, Estate & Gold Buyer
  • Contact:  Vince Liuzzi

Quick Facts

Asking Price: $490,000
Annual Revenue: $686,075
Net Profit: Not Disclosed
Cash Flow: $217,950
Total Debt: Not Disclosed
FF&E: $80,000
Real Estate: Not Disclosed
Year Established: 1988
Employees: 2
BBN Listing #: 1011146
Broker Reference #: 022822-810818

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Business Overview:

Established in 1988, this well-known Northeast Ohio jewelry business has built a strong reputation for quality, trust, and personalized customer service. The company offers a diverse mix of new and estate jewelry, custom jewelry design, gold and precious metal buying, and related jewelry services, serving generations of loyal customers throughout the Greater Cleveland market. Backed by decades of continuous operation and consistent local advertising, including highly recognizable radio & television marketing campaigns, the business has developed meaningful brand recognition and repeat customer traffic that distinguishes it from many independent competitors.The business operates from a highly visible retail location and benefits from a long-established presence within the community. Revenue is generated through multiple complementary streams, including retail jewelry sales, estate and vintage jewelry, custom design work, and gold buying services. The company’s trusted reputation, experienced ownership, and established marketing footprint position the business as a turnkey opportunity for an owner-operator, jeweler, investor, or industry buyer seeking an established platform with recognizable market presence.

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Property Features and Assets:

The business operates from a professional retail storefront featuring jewelry display areas, customer consultation space, secure inventory storage, and operational workspace supporting day-to-day retail and gold-buying activities. The facility is well-positioned within an established commercial corridor and supports both appointment-based and walk-in clientele. The layout accommodates retail sales, jewelry intake, custom consultation, and precious metal purchasing operations in a turnkey environment suitable for continued operation and future growth.

Market Competition and Expansion:

The business offers several opportunities for future growth through expanded digital marketing, social media engagement, and e-commerce capabilities designed to reach younger and broader customer demographics. Increasing emphasis on custom jewelry design, estate jewelry sales, and online inventory marketing could significantly expand revenue while leveraging the company’s already established local brand recognition.

Additional upside may exist through expanded buying programs for gold, estate jewelry, and luxury items during favorable precious metal markets. A future owner could also explore reintroducing licensed pawn-related services or collateral lending operations if desired, though the current owner intentionally shifted focus toward a more traditional jewelry retail and gold-buying model. The company’s strong reputation, longstanding advertising presence, and loyal customer base create a solid foundation for continued growth and expansion.

The jewelry industry remains highly relationship-driven, with consumer trust, reputation, and longevity serving as major competitive advantages. the business differentiates itself through nearly four decades of continuous operation, recognizable local advertising, established community presence, and diversified revenue streams that include jewelry retail, estate jewelry, custom design, and gold buying services.

Unlike many independent jewelers that rely primarily on walk-in traffic, the company has invested consistently in brand-building and market visibility through recurring radio & television advertising and long-term customer relationships. Its combination of trusted local reputation, personalized service, and multi-channel revenue generation positions the business competitively against both large national chains and smaller independent jewelry stores.

Reason for Selling:

Owners Retiring. Kindly ask the seller for more information.

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

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