Business For Sale

Upscale MainLine Jeweler

Not Disclosed, PA
Delaware County


Asking Price: Annual Revenue:
$65,000 Not Disclosed

Retail: Non-classifiable


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RE: Upscale MainLine Jeweler Broker: Johanne Sharp Sermania

Quick Facts

Asking Price: $65,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 3
BBN Listing #: 578254395
Broker Reference #: 64646-969941

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Business Overview:

Major price reduction - MUST SELL ASAP.
Prime retail location, solid lease, fantastic build out, heavy foot traffic, wealthy Main Line customer base. Just bring your merchandise and open tomorrow – literally. Amazing opportunity for savvy jewelry entrepreneur. Current owner (30-year career jeweler) invested over $125,000 in brand new, exquisite and sophisticated retail leasehold improvements just four months ago. An unfortunate illness has forced him to sell and he is very motivated!
Brand new 1,150 square feet store, all new displays and showcases, exquisite mirrored walls (great for security and visual spaciousness), large safe, beautiful hanging chandeliers, new security/alarm/camera/motion detection system, maglock system, owner’s room and fully equipped repair area including $25,000 laser machine. In addition, 900 square feet full basement houses two rooms, kitchenette, sink and carpet for back of house office/operations.
Opened in late 2017 and business has been strong. Diamonds, bridal, Seiko and Citizen watch lines and more. Custom jeweler with onsite jewelry and watch repairs, estate consignments – customer response has been fantastic! Talented jewelry/watch repair specialist will stay on with new owner. No competitors have same day/next day repairs and this is driving new business. Active website, growing customer list, computerized POS. Owner forecasts this location will exceed $1 million in sales within two years. His loss is your gain.
Must be experienced jeweler/gemologist. Asset sale including solid lease.

PRICE: $65,000 USD
ASSETS: $140,000+ USD, plus prime Main Line location with long-term lease
FORECASTED SALES: $1 million per year within 2 years USD

Contact Johanne Sharp Sermania. Transworld Business Advisors of Philadelphia Main Line.

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Reason for Selling:

Retiring

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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