Designer Jewelry Boutique - Sf Prime Location! Just Reduced

San Francisco, CA (San Francisco County)

Seller Financing Available
Designer Jewelry Boutique - Sf Prime Location! Just Reduced

Asking Price:$149,000

Cash Flow:$50,000

Gross Revenue:$450,000

EBITDA:N/A

FF&E:$24,000

Inventory:$130,000

Rate/Sq. Ft.:$567.00

Established:N/A

Designer Jewelry Boutique - Sf Prime Location! Just Reduced

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Business Description

Motivated Seller - Price Reduced, includes $130k sellable inventory and. This designer fine jewelry retailer has a prime San Francisco location and features a variety of collections including local and European artisan necklaces, bracelets, earrings and rings. The unique specialty items are offered through both consignment and in- stock inventory. Long term and strong relationships with the designers allows the business to refresh their offerings often.

The beautifully designed store has recently been remodeled, an ecommerce shopping platform featuring a new online store was added and the retailing systems were streamlined. Refreshed marketing programs include social media outreach, regular newsletters, blogs, customer appreciation days, trunk and fashion show participation and co-marketing with key designers.

The retailer also has excellent online reviews and exemplary customer service. This has led to an established client base of 3,500+ including both regular visitors as well as international and US-based tourists. Several part-time, experienced employees help run the business and the 10+ year brand includes a strong network of referring hotel personnel, concierges and complimentary retailers. There is approximately $380k of inventory available in the store ($130k of purchased and an additional $250k consignment items). Purchase price includes $130k worth of inventory.

This retail operation is TURN-KEY and ready for a new owner to step in. The motivated seller is ready to engage in other business opportunities and seeking an individual with retail or merchandising experience to carry on the excellent reputation and continue servicing clients. Owner will provide training to ensure a smooth transition.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
567
Lease Expiration:
4/1/2018
Employees:
4 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This designer fine jewelry retailer has a prime San Francisco location and the beautifully designed store has recently been remodeled.
Competition:
This designer fine jewelry retailer features a variety of collections including local and European artisan necklaces, bracelets, earrings and rings. The unique specialty items are offered through both consignment and in- stock inventory. Long term and strong relationships with the designers allows the business to refresh their offerings often.
Growth & Expansion:
The beautifully designed store has recently been remodeled, an ecommerce shopping platform featuring a new online store was added and the retailing systems were streamlined. Refreshed marketing programs include social media outreach, regular newsletters, blogs, customer appreciation days, trunk and fashion show participation and co-marketing with key designers.
Financing:
Some Seller Financing for qualified buyer
Support & Training:
Owner will provide training to ensure a smooth transition.
Reason for Selling:
The motivated seller is ready to engage in other business opportunities

Listing Statistics for Premium Members

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Amy Cole

Business Listed By:
Amy Cole

ABI Business Sales - Mergers & Acquisitions

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Memberships & Certifications:
Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers. Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.


Sponsoring Broker:
Ronald (Ron) C. Johnson, M&AMI, CBI, CBB

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