Family Owned Operated Jewelry Store For Sale

Business description

Family Owned and Operated Jewelry Store in business for over 25 years. This business has a strong tradition of quality and integrity since 1981. The owner is now 76 years old and ready to retire. They specialize in fine jewelry, watches and repair. They have a computer system to track inventory and a jeweler that comes in at least 3 days a week to handle all custom work. Don't be intimidated! You do not need to have an extensive background in the jewelery business to run this store. The jeweler is there to handle all complicated work and he will stay on following the sale. Now is a great time to get in the business as they go into their busiest and most profitable time of the year. Last year the business Grossed approx. $400,000.00 with a Net of approx. $64,337.00. This is after paying over $100,000.00 in payroll. A hands on owner/operator could drastically cut payroll. This is a business with a solid track record and very little labor. Call today to learn more!

Property information

Real Estate:

Lease

Business Operation

Reasons for selling:

personal

Employees:

2/2

Years established:

19986

Franchise terms

This business has a strong tradition of quality and integrity since 1981. The owner is now 76 years old and ready to retire. They specialize in fine jewelery, watches and repair. They have a computer system to track inventory and a jeweler that comes in at least 3 days a week to handle all custom work. Don't be intimidated! You do not need to have an extensive background in the jewelery business to run this store. The jeweler is there to handle all complicated work and he will stay on following the sale. Now is a great time to get in the business as they go into their busiest and most profitable time of the year. Last year the business Grossed approx. $400,000.00 with a Net of approx. $64,337.00. This is a business with a solid track record and very little labor.

Other information

Support & training:

yes

Furniture / Fixtures value:

$200,000

Inventory / Stock value:

$600,000