MergerPlace

Well established fine jewelry store S FL

Florida (Broward)


  • Asking Price: $599,000
  • Gross Income: $1,005,000
  • Cash Flow: $249,920
  • Real Estate: Not Disclosed
  • Inventory: $300,000
  • FF&E: $200,000
  • Listing ID: #201611
  • Established: 1992
  • Employees: 3 FT

Business Description

Highly upgraded jewelry store in a major South Broward County Mall. Over $350K in display cases, lighting, marble, tiling, safes, security cameras and other leasehold improvements. Great Traffic, seller has developed strong following from over 20 years in the area. Specializes in custom wedding bands and engagement rings plus fine watches from top manufacturers. Full repair facility plus additional revenue from gold and diamond buying.


Business Details

Primary Business Category: Retailers - Miscellaneous
Location: Florida
County: Broward

Company Information

Year Established: 1992
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 3 FT

Financial Information

Asking Price: $599,000
Gross Revenue: $1,005,000
Cash Flow: $249,920
FF&E: $200,000
Inventory: $300,000
Seller Financing Available: No

Property Information

Facilities:

2,000 square foot business in a major South Broward County Mall.

Growth & expansion opportunities:

High traffic mall and full repair facility along with diamond and gold buying continue to grow this business.

Competition:

Busy South Florida Mall with a very strong loyal customer following. Has a full repair facility. Additional revenue generated from gold and diamond buying.

Reason for selling:

Retirement

Support & Training:

Two weeks at no cost to buyer.

Contact Business Seller

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Business Listed By:

Roberta Caputo

Capital Business Solutions