Business For Sale

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

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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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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