Absentee Run Jewelry Store in Mall

Philadelphia, PA
Philadelphia County

Asking Price: Annual Revenue:
$120,000 $270,000

Retail: Clothing & Accessories

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RE: Absentee Run Jewelry Store in Mall Broker: Satish Suri
Owner Financing is Available!

Quick Facts

Asking Price: $120,000
Annual Revenue: $270,000
Net Profit: Not Disclosed
Cash Flow: $95,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1996
Employees: Not Disclosed
BBN Listing #: 662048816
Broker Reference #: 1371514

Email or Print Listing

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Business Overview:

Absentee owner selling Fashion Jewelry business located in a Philadelphia area Mall.

Huge profit margins reach between 65% to 70%. Average sales are over $20,000 per month plus higher volume during Holiday Season. Owner expects sales to go up.

The owner just invested $37,000 to construct a much bigger Kiosk in a more prominent spot of the Mall.
Store is run by employees. No repairs done at the store.
Seller financing available.

Rent is relatively low at $4,100 per month and does not change during the holiday months.

Inventory is around $30,000 and cash flow after all operating expenses is around $95,000.
Seller is asking $120,000 which includes inventory in asking price.

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Reason for Selling:

Absentee owner.

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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