Jewelry Store, Repair and Custom Jewelry Design

Not Disclosed, MN

Southwest Minnesota


Asking Price: Annual Revenue:
$790,000 $1,033,134

Retail: Non-classifiable


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RE: Jewelry Store, Repair and Custom Jewelry Design Broker: Pat Steffl

Quick Facts

Asking Price: $790,000
Annual Revenue: $1,033,134
Net Profit: Not Disclosed
Cash Flow: $391,726
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 77
Employees: 5
BBN Listing #: 75604955
Broker Reference #: 5101-17400

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Business Overview:

Profitable and growing Full service, hometown jewelry store offering complete jewelry repair, custom design services and a wide variety of high quality and beautiful jewelry. 2022 Sales on pace to equal or exceed 2021. The current owner works in the business and is responsible for running the business as well as the repair and CAD-based design and manufacture of the custom jewelry. New owner does not need to be a certified jeweler as the owner currently has an established sub-contractor for these services as well. This is a customer-focused business that has been in business for many years and has created a superb reputation with many repeat customers within 60 mile radius and also farther away. Jewelry inventory will be counted prior to the sale closing and added to the total purchase price.

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Property Features and Assets:

The business operates from a commercial location on the main street in downtown. The location has ample display and sales floor space, office space and and a production/design/repair area. There is suitable parking available. The real estate is owned by the jewelry store owner and is available for lease. Assets = $20,000

Market Competition and Expansion:

There is a normal amount of retail and on-line competition for jewelry products and services. E-Commerce and increased sales and marketing.

Reason for Selling:

Transition to retirement.

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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