MergerPlace

Jewelry Store

Pennsylvania


  • Asking Price: $95,000
  • Gross Income: $255,054
  • Cash Flow: $27,555
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $27,200
  • Listing ID: #218122
  • Established: 2004
  • Employees: 1FT / 3 PT

Business Description

This business is a full-service jewelry store specializing in custom design. Offerings include a full array of bridal merchandise, diamond fashion jewelry, a large selection of unique color gemstone jewelry in white and yellow gold and numerous silver collections. In recent years a popular selection of vintage merchandise was added and the business also offers expert jewelry repair to its clients. Jewelry inventory is not included but may be purchased through separate negotiation.


Business Details

Primary Business Category: Retailers - Miscellaneous
Location: Pennsylvania

Company Information

Year Established: 2004
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1FT / 3 PT

Financial Information

Asking Price: $95,000
Gross Revenue: $255,054
Cash Flow: $27,555
FF&E: $27,200
Seller Financing Available: No

Property Information

Facilities:

Located on a main road with a steady stream of customer traffic due to its location amongst a number of shops, restaurants, banks and other services. It occupies approximately 1000 square feet of space and has free parking in a spacious parking lot with ample spaces directly in front of the store.

Growth & expansion opportunities:

There is potential for growth with this business through expanding the marketing plan. The current owner has found that billboards have proven successful in the past. In addition, mailers with discount coupons and offering existing customers a referral incentive could also increase revenue and expand the loyal customer base.

Competition:

Only 1 competitor exists in the area and it is located in a smaller plaza with less traffic and has changed names and ownership several times. This business has a strong competitive edge due to its location and loyal customer base that has patronized this business for the last 15 years.

Reason for selling:

After 35 successful years in the industry, owner would like to semi-retire.

Support & Training:

Will train for 2 weeks @ no cost Full-service jewelry store with expert jewelry repair services.

Contact Business Seller

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Business Listed By:

William Iigenfritz

Murphy Business Brokers