Jewelry Store

Not Disclosed, PA

Asking Price: Annual Revenue:
$95,000 $229,997

Manufacturing: Clothing, Jewelry

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RE: Jewelry Store Broker: William Iigenfritz

Quick Facts

Asking Price: $95,000
Annual Revenue: $229,997
Net Profit: Not Disclosed
Cash Flow: $29,835
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2004
Employees: 4
BBN Listing #: 84894955
Broker Reference #: 2603-15410

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Business Overview:

This business is a full-service jewelry store specializing in custom design. Offerings include a full array of bridal merchandise, diamond fashion jewelry, a large selection of unique color gemstone jewelry in white and yellow gold and numerous silver collections. In recent years a popular selection of vintage merchandise was added and the business also offers expert jewelry repair to its clients. Jewelry inventory is not included but may be purchased through separate negotiation.

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Property Features and Assets:

Located on a main road with a steady stream of customer traffic due to its location amongst a number of shops, restaurants, banks and other services. It occupies approximately 1,000 square feet of space and has free parking in a spacious parking lot with ample spaces directly in front of the store. Assets= $27,200

Market Competition and Expansion:

Only 1 competitor exists in the area and it is located in a smaller plaza with less traffic and has changed names and ownership several times. This business has a strong competitive edge due to its location and loyal customer base that has patronized this business for the last 15 years. There is potential for growth with this business through expanding the marketing plan. The current owner has found that billboards have proven successful in the past. In addition, mailers with discount coupons and offering existing customers a referral incentive could also increase revenue and expand the loyal customer base.

Reason for Selling:

Owner would like to semi-retire.

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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