Highly-Reputable Fine Jewelry Retailer

Montgomery, AL (Montgomery County)

Highly-Reputable Fine Jewelry Retailer

Asking Price:$2,000,000

Cash Flow:$282,470

Gross Revenue:$1,045,337





Highly-Reputable Fine Jewelry Retailer

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Business Description

This well-established jewelry store has grown with their local community from a small store to a multiple-brand jewelry retailer. The business has served generations of families as their trusted jeweler for brilliant diamonds, beautiful fine jewelry, elegant watches, treasured gifts, custom made styles and expert jewelry repairs. Their spectacular selection of jewelry is available with a variety of high quality diamonds, emeralds, rubies, sapphires, tanzanite, pearls, aquamarine and other semi-precious gemstones. The business has a stunning collection of gold and silver jewelry, as well as many fine watch brands to provide clients with a wide range of choices for every occasion. The business deals with the finest manufacturers across the globe that follow the highest standards of workmanship, and the staff inspects every piece of jewelry to be sure it follows the strict internal standards of quality control. The professional retail showroom is conveniently open 6 days a week.
Great Branding, Attentive Service, and A Healthy Financial Picture makes this business a very profitable investment for any interested acquirer!

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Detailed Information

Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
The modern facility that houses this business a 2000+ square foot professional retail showroom featuring 23 illuminated display cases, and 4 wall unit displays. There is ample parking in the lot in front of the building.
For over 7 years, this business has been one of the most trusted names in jewelry in the Montgomery region. The years of experience and services have built a legacy of integrity and trust with their customers. The mission has always been a tradition of trust, high ethical standards, knowledge of our jewelry products and services, fair pricing and value to the customers. The business is open Monday through Saturday, and has an excellent online presence. The detailed website features an expansive catalogue of their inventory, services offered, and a brief history of the business.
Growth & Expansion:
The business could increase top and bottom line profits by expanding to a full-line jewelry store. The implementation of a custom design room would also attract more business.
Support & Training:
Currently, the business has 5 active full-time employees, including two jewelers and a master jeweler. All staff members have gemological training, read professional journals to keep up to date, travel to trade fairs and seminars and learn all about the products offered. The business has staff and management to help a new owner successfully manage the transition after the sale of the business, and the staff will provide continuity after the owner's departure that the clients know and trust. The business owner agrees to assist the new owner for a 3 to 12 month post-sale transition period.
Reason for Selling:

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GreenTree Acquisitions Inc.

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GreenTree Acquisitions Inc.

GreenTree Acquisitions Inc.

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