Jewelry Store For sale

Camden County, NJ

Seller Financing Available
Jewelry Store For sale
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Asking Price: $450,000

Cash Flow: $120,000

Gross Revenue: $500,000


FF&E: $25,000

Inventory: $75,000

Rent: $1,900 /Month

Established: 1962

Jewelry Store For sale

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Business Description

This is a well known and long established family owned business in the same location for 57 years. The seller built this business with hard work and loving their customers. It is well known for their honesty and commitment to customer service. Many are multi generation customers. Seller is ready to retire and is wiling to teach this profession to qualified buyer. Currently the business has 3 full time employees and three part time employees all who are knowledgeable and dependable. The business sells gold, silver, diamonds and custom designs. Watch batteries are installed as well jewelry repair.There is a bench jeweler, with a working shop on premises. Some repairs are taken to outside vendors. Store also make more income by " buying Gold,Silver,Diamonds and Coins" .Store is about 2400 sq. ft., well merchandised and well lit. There is a security system in place as well as a vault. The store has very reasonable rent at only 1900/month including electric, trash with no CAM charge. This is a great opportunity for an experience jewelry store owner to expand or start a new business. The business is open 4 days a week. Employees, customers and neighbors are unaware of the business for sale. This is a confidential sale and confidentiality very important . Buyer must sign NDA with proof of funds to get more details.

Detailed Information

Camden County, NJ
Included in asking price
Real Estate:
Building SF:
Lease Expiration:
3 F- 3P
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
This is 2400 sq ft store with very reasonable rent only 1900/month include electric,Trash with no CAM charge.
Support & Training:
Seller provide four week training after settlement
Reason for Selling:
Ready to Retired
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(from currently available funds)
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Ahmedali Saiyed

Business Listed By:
Ahmed Saiyed

Lamon Assocites

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