Successful Jewelry Store with Real Estate!

Cleveland, OH
Cuyahoga County

Mid West


Asking Price: Annual Revenue:
$2,100,000 $1,503,000

Retail: General Merchandise - Retail


Request More Information
Contact the Seller

RE: Successful Jewelry Store with Real Estate! Broker: Jeff Spitzer

Quick Facts

Asking Price: $2,100,000
Annual Revenue: $1,503,000
Net Profit: $163,233
Cash Flow: $163,233
Total Debt: Not Disclosed
FF&E: $800,000
Real Estate: $850,000
Year Established: 1949
Employees: 6
BBN Listing #: 792630111
Broker Reference #: 126-002

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

Amazing opportunity to acquire a 70+ year-old full-service jewelry store in the suburbs of Cleveland, Ohio. Included in the sale is approximately $700,000 in jewelry at cost, $100,000 in leasehold improvements, and $100,000 in FF&E. Current wholesale replacement cost is above the $700,000 jewelry cost. The store is in a great location and operates out of its own stand-alone building. The real estate is being offered for sale in addition to the store. The store has a wide selection of items and creates custom jewelry onsite in addition to performing repairs. The store has lots of loyal, repeat customers, as well as new customers that come through referrals and limited advertising. Current owner is only open 5 days a week, 7 hours per day as they move towards retirement. All employees are expected to stay after the sale. Confidential listing. Please email us to request an NDA for additional information.

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:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!