Ideally Located-Established, Retail Jewelry Business

Tucson, AZ (Pima County)

Seller Financing Available
Ideally Located-Established, Retail Jewelry Business

Asking Price:$850,000

Cash Flow:$192,495

Gross Revenue:$2,298,200

EBITDA:N/A

FF&E:$240,000

Inventory:$450,000*

Lease Rate/Sq. Ft.:$50.02

Established:2004

*not included in asking price.

Ideally Located-Established, Retail Jewelry Business

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Business Description

Own One of Arizona's Premier Jewelry Stores

Perfect opportunity to own one of Arizona’s premier jewelry stores, ideally located in a 2,600+ square foot facility with some of the strongest demographics in Southern Arizona. A spectacular newly remodeled store, offering custom design, pre-owned, estate jewelry and repairs as well as some of the finest brand name jewelry such as; Breitling, Tacori, Jeff Cooper, Scott Kay, K.C. Designs and Luminox. The Business has an established loyal clientele and very knowledgeable sales associates, all of whom are DCA or GIA certified. All inventory is included in the purchase price. The business is currently positioned to be acquired by either a private individual or “strategic purchaser”.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,640
Lease Expiration:
4/30/2019
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business operates out of 2,600+ square feet in a highly visible 7,000 square foot freestanding retail “Power Center” with ample parking and excellent signage to a main corridor with traffic volume of over 51,000 cars per day . The space was built to suit and has been recently remodeled and appointed with beautiful fixtures, custom design area as well as includes a streamlined-efficient work-space area . A prospective purchaser may either choose to continue under the existing lease or negotiate a new lease.
Competition:
The Business is in a prime location both visibly, demographically and has superior traffic count. Barriers to entry are substantial, therefore, there is very little comparative competition.
Financing:
Available to qualified party
Support & Training:
Appropriate support & training will be provided after close of escrow depending on buyers skill sets .

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Dana Cole, Designated Broker, CBB

Business Listed By:
Dana Cole, Designated Broker, CBB

The Hallmark Group LLC

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