Est. Fine Jewelry, Gemstones, Watches & Repairs

Las Vegas, NV
Clark County

South Las Vegas / Green Valley / Anthem


Asking Price: Annual Revenue:
$799,000 $825,000

Retail: General Merchandise - Retail


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RE: Est. Fine Jewelry, Gemstones, Watches & Repairs Broker: Edward J Smith
License #: BS.0038345.PC

Quick Facts

Asking Price: $799,000
Annual Revenue: $825,000
Net Profit: $235,700
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 1999
Employees: 5
BBN Listing #: 82645142
Broker Reference #: 101-20921

Email or Print Listing

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Business Overview:

Boutique jewelry store with high profit margins in busy shopping center with multiple retail anchors, plus ample parking! Prominent end cap location has “off the charts” traffic count! Business specializes in custom work, service and repairs, which spawns strong retail sales! Inventory is included in sale and consists of mostly finished jewelry. Bridal sales are roughly 25%, per Seller. There is less focus on diamonds and watches, as these carry lower profit margins. Top of the line safes/vaults in place with added motion sensor protection and $10K alarm system, plus custom cases/cabinetry & lighting. Gross Sales and Total Income are estimated for 2021 based on first half of the year. Rare find in Las Vegas, so jump on this before it is gone! EMAIL NOW before it is gone! For the fastest reply to your inquiry, please use this ad’s email reply or contact Business Broker Edward Smith (RE# BS.0038345.PC; Business Broker Permit# BBP.0000005).

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Property Features and Assets:

This is a leased location of 1,200 square feet with a Total Monthly Rent of $5,278. Seller is active in the business with 3 Full Time Employees, 1 Part Time Employee, and 1 Independent Contractor. Hours of operation are 10am-6pm Monday - Saturday and Closed Sunday. $555,000 in Inventory and $200,000 in FF&E included in asking price. $80,000 made in Leasehold Improvements. Asset include well known name and reputation for quality! Busy location!

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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