Jewelry Retail

Price: $199,000

Location: Palm Beach, Martin, Broward Counties

Industry: Jewelry Stores

Listing ID: 42734656

Listing Status: New

Description

Own this exciting and prestigious fashion/semi-precious jewelry business and only work 6 months, no nights, weekends or holidays. You select the events that you wish to display at.

Business is established vendor at top charity luncheon events in Palm Beach and Broward County. Strong potential to expand and grow business with additional events and in other and areas (eg. The Hamptons in summer).

Merchandise is unique from both domestic and international suppliers (eg. Italy, South America).

Very simple business, extremely profitable with 3x+ mark-up on merchandise and easy to run from home.

Excellent updated website that can improve sales internationally. Has data base of 2500 customers of past 5 years.

Seller available to walk new owner through entire operation including all introductions to charity groups.

Seller financing shows great future business for new owner and growth of business.

2023 Figures below are for six months only Jan-June. Main season is Oct to March

LISTING DETAILS

Down Payment: $125,000

Total Sales: $82,000

Cash Flow: $34,500

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $2,000

FFE Included: Yes

Inventory: $75,000

Inventory Included: Yes

Operation

Year Established: 2010

Year of last Acquisition: 2010

Days & Hours of Operation: Varies by number of events selected to attend

Owner Hours Per Week: 15

Non-Owner Payroll: N/A

Employees: 1

Location

Real Estate: N/A

Monthly Rent: N/A

Relocatable: Yes

Summary

Reason For Sale:

Other interests

Training & Support:

2 weeks at no cost

Financing/Terms:

$74,000 of seller financing is available at 7% for 48 months.

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING OWNER