Thirty Year Old Custom Jewelry and Repair Shop

Not Disclosed, FL
Seminole County


Asking Price: Annual Revenue:
$145,000 Not Disclosed

Retail: Non-classifiable


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RE: Thirty Year Old Custom Jewelry and Repair Shop Broker: Christopher Redmond

Quick Facts

Asking Price: $145,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $130,000
Real Estate: Not Disclosed
Year Established: 1990
Employees: 1
BBN Listing #: 5026630
Broker Reference #: 2301506339

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Business Overview:

Custom jewelry and repair shop located in Seminole County which has been in business for 30 years. The current owner is a master jeweler who has been in the industry for 50 years and is looking to plan his retirement. A large percentage of the sales are from custom designs that are produced in-house with molds with a smaller percentage coming from repairs. Master jeweler has hundreds of handmade custom molds, wax designs, metallic designs from past projects that would transfer with the sale. All manufacturing is done by the master jeweler in as short as 24 hours in any precious metal that has been requested. This is a retail location, but much of the business is from other jewelry shops in the area who are looking to have service and custom creations made. The current owner has worked on 5th Ave in NYC for famous locations and has had many celebrity clients, would like to stay on for potentially 3-5 years as part of the sale. Please refer to listing 2301506339, business broker Chris Redmond when inquiring about this listing. Please use email reply button of this ad to contact us.

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Property Features and Assets:

Lease/Month: $1,600; Square Footage: 900; Building Type: strip plaza; Terms & Options: See Lease; Expiration Date: 3/31/2023.

Market Competition and Expansion:

Non Compete : Miles: 25 Years: 5

Reason for Selling:

Retirement

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 not a franchise resale opportunity.

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