Well Established Jewelry Store For Sale

Not Disclosed, NH
Hillsborough County


Asking Price: Annual Revenue:
$113,000 $236,800

Retail: Non-classifiable


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RE: Well Established Jewelry Store For Sale Broker: Jody Reese

Quick Facts

Asking Price: $113,000
Annual Revenue: $236,800
Net Profit: Not Disclosed
Cash Flow: $78,561
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 4
BBN Listing #: 758450951
Broker Reference #: 09551-882927

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Business Overview:

Turn Key Money Making Service and Retail Store

Boutique jewelry store for sale on busy street. Store has been in business over 10 years and has averaged revenue of $236,800 over the past three years with average owner income of $78,561. In 2018 it did

249,534 in revenue and owner income was $81,245. Sale includes $50,000 worth of display cases, tools, office equipment and other fixtures.

This store specializes in service work -- which makes up the bulk of its revenue. In addition to service work, it deals in estate jewelry, which has great margins. Estate jewelry is purchase and resold in the store and online. Excellent business model.

Inventory costs are low because the store doesn't stock large amounts of unnecessary items that may sell. It turns the inventory very well.

The store looks great -- with large windows that invite customers in from the sidewalk. Building is on the newer side. And location is on a busy street getting 15,000 daily trips.

Buyers do not need to be jewelers (the seller is not), but a background would help as would knowledge of watch repair.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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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