MergerPlace

Highly Profitable Jewelry Stores

New Orleans, Louisiana


  • Asking Price: $400,000
  • Gross Income: $489,465
  • Cash Flow: $113,300
  • Real Estate: Not Disclosed
  • Inventory: $200,000
  • FF&E: $160,000
  • Listing ID: #205712
  • Established: 1988
  • Employees: 2FT/2PT

Business Description

These jewelry stores run on the idea that not a single piece of jewelry should be the same; each should be unique and shine in its own way. This well-established retail & online specialty jewelry business with two locations glimmers and shines more than the rest, and has become a mainstay in the New Orleans area for its many years of top-notch customer service and the highest quality of products. This jewelry store focuses on jewelry from around the world, and uses these products to create one-of-a-kind customized designs for their customers. So, what are you waiting for? This “golden” opportunity doesn’t come around very often!

*An additional $2 mil in inventory is available, if desired.


Business Details

Primary Business Category: Retailers - Miscellaneous
Location: Louisiana
Metropolitan Area: New Orleans

Company Information

Year Established: 1988
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 2FT/2PT

Financial Information

Asking Price: $400,000
Gross Revenue: $489,465
Cash Flow: $113,300
EBITDA: $113,300
FF&E: $160,000
Inventory: $200,000
Seller Financing Available: No

Property Information

Facilities:

The business has 2 locations in New Orleans: it has a store in the French Quarter and a store on Magazine St. The business operates in 2 major retail/tourist locations in New Orleans, and drives its business from locals as well as tourist.

Growth & expansion opportunities:

It has a user friendly, highly functional website that drives online sales on top of what the business sells in its physical locations. And with the evolving consumer behavior toward online retail, the business has a great opportunity for growth and expansion.

Competition:

The business has a great advantage in the local market. Its unique jewelry, which takes inspiration from the city of New Orleans, helps it stand out from the rest of its competitors. The business is also well position in the online market.

Reason for selling:

The seller is looking to retire.

Support & Training:

The seller is willing to train for 10 weeks at no cost.

Contact Business Seller

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Business Listed By:

Michelle Seiler Tucker

Seiler Tucker, Inc.