Top Rated Jewelry Store in Busy Area

Not Disclosed, TX
Harris County


Asking Price: Annual Revenue:
$60,000 $248,105

Retail: Non-classifiable


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RE: Top Rated Jewelry Store in Busy Area Broker: Ron Hankamer

Quick Facts

Asking Price: $60,000
Annual Revenue: $248,105
Net Profit: Not Disclosed
Cash Flow: $32,462
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: Not Disclosed
BBN Listing #: 186944107
Broker Reference #: 76931-265644

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Business Overview:

Recently reduced by $35,000! Seller is very motivated to sell! This highly rated jewelry store opened in 2014 and is located in an upscale retail center inside Loop 610 in central Houston. Services include jewelry repair and restoration, custom design, CAD-CAM design, watch bracelet repair, fabrication and casting, stone identification and evaluation, and appraisals.

This 1,500 SF store has a modern gallery feel and includes FF&E of $20,000 and Leasehold Improvements of $30,000. Annual sales in 2018 were $248,105 with $32,462 in seller discretionary earnings. Inventory and tools are not included in the listing price but are available at an additional cost.

This business would be an excellent opportunity for an owner-operator who has knowledge of the jewelry business and how to advertise effectively. The Seller does NOT advertise at all.

The owner is selling the business in order to relocate out of state to be with family. The seller will train the buyer for at least two weeks to ensure a smooth transition.

For more information please contact Ron Hankamer at 713-854-1302 or rhankamer@tworld.com.

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Reason for Selling:

Relocating.

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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