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Profitable Jewelry Store In High Traffic Location
Location: United States -> Florida -> Jacksonville
Industry: Retail > Other Retail




Business Summary

Price $275,000
(price does not include inventory)

Highly profitable retail jewelry store located in a high traffic area. Offering a premium selection of gold, diamond, silver, and stainless steel jewelry along with a variety of fashionable timepieces. Other services include professional jewelry cleaning, repair, and battery installation. Inventory not included. Buyer can purchase up to $250,000 of inventory at cost. Seller has only limited involvement in the business. A full time owner could save on Payroll and boost profits.
Seller willing to hold note for half of purchase price ($137,500 for 6 years at 5%)

This is a 200 square foot kiosk located in a high traffic mall. Leasing Company rules limit competition.

Current owner is only lightly involved in the business. A more involved owner should be able to increase sales and profits.

Call Anthony at 904.725.7677


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $844,479
Cash Flow:   $176,704
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  FFE $125K (inventory not included)
Seller Financing:  Yes

About The Business

Year Established:  2016
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  One week at no cost.
Reason For Selling:  Discuss with Seller




Print Listing Id: 700372306
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Also See: Franchise Opportunities > Franchise Resales > Florida Businesses For Sale > Florida Franchises For Sale > Florida Business Brokers



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