MergerPlace

5-Star Rated Jewelry Store/Repair Shop

Grand Rapids, Michigan (Kent)


  • Asking Price: $85,000
  • Gross Income: $100,000
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $150,000
  • FF&E: Not Disclosed
  • Listing ID: #216307
  • Established: 1944
  • Employees: 1

Business Description

With 75 years of unmatched quality, this jewelry shop offers jewelry, custom jewelry design, and watch/clock repair services. The Company has a 5-star rating on Google and thrives on word-of-mouth referrals from loyal customers. That being said, the Company has substantial room for growth. Establishing a marketing strategy could be highly effective in bringing more customer through the doors.

The owner has enjoyed running the business but is ready to enter retirement. He is willing to provide customary transition assistance.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency.

You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the NDA email cannot be found, please email info@smallbusinessdeal.com and request a PDF version.

Once we receive your NDA, the Confidential Business Review (CBR) will be sent to you. The owner’s contact information will be provided in the CBR. They will be happy to correspond and answer your questions directly. Thank you for your time!


Business Details

Primary Business Category: Retailers - Miscellaneous
Location: Michigan
Metropolitan Area: Grand Rapids
County: Kent

Company Information

Year Established: 1944
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1

Financial Information

Asking Price: $85,000
Gross Revenue: $100,000
Inventory: $150,000
Seller Financing Available: Yes

Property Information

Facilities:

650 sq. ft. facility with updated security system.

Growth & expansion opportunities:

Growth Opportunities Include: Advertising, Advertising, Advertising: The Company currently does not have a website or engage in much advertising, so upgrading these efforts through online platforms can spark significant new customer growth.

Competition:

Investment Highlights Include: (1) Service: The Company prides itself on high-caliber service to loyal customers. This has earned the Company consistently high reviews online. (2) Diversified Revenue: The Company boasts multiple revenue streams including retail sales and repair services. (3) Legacy: Being in business for 75 years, the Business has withstood tough economic conditions to establish a reputation for excellence.

Reason for selling:

Retirement.

Support & Training:

Ownership willing to provide reasonable and customary transition assistance.

Contact Business Seller

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Business Listed By:

Max Friar

Calder Capital, LLC