MergerPlace

Jewelry Gifts and Collectibles Shop

Virginia


  • Asking Price: $295,000
  • Gross Income: $344,083
  • Cash Flow: $94,742
  • Real Estate: Not Disclosed
  • Inventory: $164,000
  • FF&E: $30,000
  • Listing ID: #197116
  • Established: 1982
  • Employees: 1 FT/ 7 PT

Business Description

Jewelry, Gifts, and Collectibles Specialty Shop. Operating 35 years in one of the most desirable areas of Hampton Roads this specialty shop is second to none. Its unique character is evident from the moment you pull up, located on a quaint and quiet street but one always bustling with activity. Once you enter the facility you are immediately surrounded by the most attractive displays of unusual gifts and accessories and jewelry of all types. And adding to the unique character is the fact that a lot of the jewelry is made on the premises by the owner. Yes, the owner has a talent for a specialty craft and one that she is willing to pass along to a buyer. Incorporated in the sale of the business will be a transitional plan long enough for the buyer to become accomplished in producing the products that are currently made on premise. The facility has a great lease in place and can easily be modified going forward to align with a buyers wishes. In addition, the current employees are very familiar with the operation and in operating the business, so the transition will be smooth and relaxed. Adding to the unique character of this opportunity is the fact that the facility is nestled in a tourist destination, so customers are both regulars from the area as well as travelers passing through a historic tourist attraction year round.


Business Details

Primary Business Category: Retailers - Miscellaneous
Location: Virginia

Company Information

Year Established: 1982
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1 FT/ 7 PT

Financial Information

Asking Price: $295,000
Gross Revenue: $344,083
Cash Flow: $94,742
FF&E: $30,000
Inventory: $164,000
Seller Financing Available: No

Property Information

Reason for selling:

Retirement.

Support & Training:

Will train for 4 weeks @ no cost.

Contact Business Seller

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Business Listed By:

Frank Chebalo

Murphy Business Brokers