Southwest, VA- Retail and Wholesale Jewelry, G...

Roanoke Valley, VA


Asking Price: Annual Revenue:
$650,000 $847,738

Retail: Clothing & Accessories


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RE: Southwest, VA- Retail and Wholesale Jewelry, G... Broker: Mike Keen

Quick Facts

Asking Price: $650,000
Annual Revenue: $847,738
Net Profit: Not Disclosed
Cash Flow: $149,656
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1994
Employees: Not Disclosed
BBN Listing #: 943738952
Broker Reference #: ROANOVA001-N327

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Business Overview:

Well established jewelry, gold and diamond wholesale and retail store business. This family owned business has been successful in Southwest Virginia for over 20 years and counting. The business provides sales and service of fine jewelry, diamonds, fashion fine jewelry, precious metals, diamonds and watches and has a large presence in the buying and selling of fine antique, vintage and estate jewelry; which sets them aside from the competitors in the area. This business is located in a high visibility location, nestled in an area with the largest population of household incomes over 100K. This jewelry and wholesale business provides client services such as: appraisals, custom designs, jewelry and watch repair as well as restyle your diamond events throughout the year. In addition, the business has a very savvy social media presence allowing a Buyer the ability to purchase directly from the store website, and an established Ebay and Etsy store that is very successful. Inventory for this business is fresh and kept up to date and is tracked electronically. This retail business has built loyal, repeat cliental incorporating their simple philosophy – they are dedicated to lifelong customers based on customer service and delivering the quality and attention repeatedly. Another benefit to this business is highly trained staff that have developed customer relationships and knowledge of the jewelry business over the years, reaping the ability for the Owner to have flexibility in their schedule, as reliable staff is always present. The business has proven recession proof with a significant portion of business coming from gold and diamond sellers. Call today to learn more about this exciting opportunity! For more information on this listing, contact: Mike Keen, CFE, CMSBB. Broker / Realtor at: Cell (540)-580-8700 | Office- (540) 777-1585 or email at mkeen@sunbeltnetwork.com. For more information on this business or any other business that you may be interested in, please contact Sunbelt Business Brokers of Roanoke and Lynchburg | United Country/Roanoke Realty & Auction at (540) 777-1585 located at 2947 Peters Creek Rd. Roanoke, VA. Visit our company website at: https://www.sunbeltnetwork.com/roanoke-va/ You can also visit and like our Facebook page and receive periodic business listing updates at: https://www.facebook.com/sunbeltbusinessbrokersroanoke/ Our proven track record of uniting buyers with an ideal business they are seeking, while providing our sellers the confidence that we can nurture the sale of their business, is built by providing exposure to a large and qualified pool of buyers; which sets us aside from the competition

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Reason for Selling:

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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