Well Established Jewelry Store For Sale - $113,000
Turn Key Money Making Service and Retail Store
Boutique jewelry store for sale on busy street. Store has been in business over 10 years and has averaged revenue of $336,800 over the past three years with average owner income of $103,561. In 2018 it did $349,534 in revenue and owner income was $106,245. Sale includes $50,000 worth of display cases, tools, office equipment and other fixtures.
This store specializes in service work -- which makes up the bulk of its revenue. In addition to service work, it deals in estate jewelry, which has great margins as does the scrap Gold business. Estate jewelry is purchased and resold in the store and online. Excellent business model.
Inventory costs are low because the store doesn't stock large amounts of unnecessary items that may not sell. It turns the inventory very well.
The store looks great -- with large windows that invite customers in from the sidewalk. Building is on the newer side. Location is on a busy street getting 15,000 daily trips.
Buyers do not need to be jewelers (the seller is not), but a background would help as would knowledge of watch repair.
Please reference listing #882927
Call 603-935-5099 for more information.