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A Leading Metro - Detroit Jewelry Store
Location: United States -> Michigan
Industry: Retail > Health and Beauty Supplies Retail




Business Summary

This exquisite retail Jewelry Store was built-out new at a cost of $400,000 including $250,000 in fixtures and jewelry cases in new condition.

Sales have skyrocketed since opening due to the high-end jewelry and outstanding individual customer attention and service, with customers coming from many miles away.

The Store has a database of over 20,000 people, an email list of 7,000 customers and their top 500 customers purchased nearly $1,500,000 of Jewelry! Successful Marketing is done by email, social media, Google optimization and some community involvement.

The highly successful and experienced owner will train and work with a new owner during a transition period and is willing also to continue working in sales on a salary and/or commission basis and generate a very high volume of revenue!

Helpful purchaser experience would include business ownership, or experience in the retail jewelry store business, or retail store management with a focus on excellent customer service.

Inventory cost is not included in the asking price. The business will qualify for an SBA loan.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $1,700,000
Cash Flow:   $500,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $1,000,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2012
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  full training and support




Print Listing Id: 700339100
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Related Searches: Catalog and Mail Order Retail  >  Clothing and Footwear Retail  >  Computers and Electronic Equipment Retail  >  Convenience Stores Retail  >  Florist Retail  >  Health and Beauty Supplies Retail  >  Home and Garden Retail  >  Movie Rental  >  Wedding and Formal Rental  >  Other Retail  > 

Also See: Franchise Opportunities > Franchise Resales > Michigan Businesses For Sale > Michigan Franchises For Sale > Michigan Business Brokers



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