Long Established One of Kind Jewelry Store

Not Disclosed, TX
Tarrant County

North Fort Worth

Asking Price: Annual Revenue:
$220,000 $263,612

Retail: Clothing & Accessories

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RE: Long Established One of Kind Jewelry Store Broker: Stephen Lee

Quick Facts

Asking Price: $220,000
Annual Revenue: $263,612
Net Profit: Not Disclosed
Cash Flow: $65,621
Total Debt: Not Disclosed
FF&E: $65,000
Real Estate: Not Disclosed
Year Established: 1987
Employees: 1
BBN Listing #: 803319188
Broker Reference #: 000755

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Business Overview:

Prime location boutique store in the epicenter of a bustling area of numerous retail businesses is available for acquisition. This business was originally established over three decades ago in 1987 and was acquired later by the current owner of the business recently in 2017. Most of the customers are middle to upper-class individuals and tourists that are mainly foot traffic in this jam packed area of retail businesses as well as residents from the densely populated neighborhoods. Net sales average was $220,000/year that has been consistent over the last decade as the area brings a constant stream of customers and tourists with minimal marketing needed to sustain the business. Although some marketing is done on social media and by word of mouth, other proactive marketing can be utilized to bring more customers and attract the eyes of tourists to maximize income potential. Competition is expected due to the area being jam packed with businesses, but this business has the best prices for their products while having their own unique style that is very attractive to the general crowd. There are many ways to proactively market this business such as direct mailing, bright signage, local events, rebrand website, social media outlets and using more local artists for unique products. Bringing in local artists will expand the current inventory that is unique to this business that other competitors won't carry within their business. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.

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Property Features and Assets:

This business is located in a 300 Square Feet space of a retail strip center of a popular area full of retail businesses and foot traffic throughout all operation hours. / Inventory: $50,000 (Included in listed price).

Market Competition and Expansion:

Competition: Few competitors are within the immediate market area of this business, but this business has the best pricing within the local area while maintaining their own style of vintage accessories. / Growth and Expansion: There is some marketing in place through social media outlets and word of mouth. No other proactive marketing is currently done.

Reason for Selling:

Health Issues.

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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