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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