French Quarter Antique Jewelry Business, Prime Location

New Orleans, Louisiana (Orleans Parish)

  • Asking Price: $375,000
  • Gross Income: $436,000
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $50,000
  • FF&E: $44,600
  • Listing ID: #200618
  • Established: 1980
  • Employees:

Business Description

Sunbelt Business Brokers of New Orleans is proud to offer this unique New Orleans business for sale. This antique jewelry store is located in the heart of the French Quarter is a prime location for tourists. For over 35 years, it has been a must visit destination for tourists seeking a piece of old New Orleans. The jewelry in the store is costume, new fine jewelry, and real antique jewelry. The antique pieces date back to 1850 and represent the glory days of the French Quarter. This is precisely the reason tourists come to the city, its unique architecture and historic feel. Also unique to this business is the office space behind the business with French doors opening on to a beautiful courtyard. The office is very large and could be used in many ways.

The assumable lease has 2.5 years remaining and is well below market for the area. The landlord is a native New Orleanian, who values local businesses. The business has always been very successful, but the owner is no longer available to run the business and has not been for about 2 years. Her son has taken it over but he lives out of state and can no longer give it the attention it deserves. It is truly a unique store and there are only a few classic antique jewelry stores left in the French Quarter. This thriving business is just waiting for new ideas and invigoration to make it even more special. For over 35 years this business has been extremely profitable. It is time for a new owner to continue the tradition and success. There may never be another jewelry store like this for sale ever again. Come see this very unique business for sale, meet the owner, see the opportunity, make an offer.

Business Details

Primary Business Category: N/A
Location: Louisiana
Metropolitan Area: New Orleans
County: Orleans Parish

Company Information

Year Established: 1980
Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $375,000
Gross Revenue: $436,000
EBITDA: $72,000
FF&E: $44,600
Inventory: $50,000
Seller Financing Available: Yes

Property Information

Reason for selling:

Other Business Opportunities

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Business Listed By:

Joel Duran

Sunbelt Baton Rouge