Prestigious Las Vegas Strip Hotel Jewelry Store

Las Vegas, NV (Clark County)

Prestigious Las Vegas Strip Hotel Jewelry Store
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Asking Price: $4,500,000

Cash Flow: $1,250,000

Gross Revenue: $4,440,000

EBITDA: N/A

FF&E: $300,000

Inventory: $850,000

Established: 2008

Prestigious Las Vegas Strip Hotel Jewelry Store

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Business Description

Rare opportunity to own a High End Fine Jewelry Boutique located in the heart of the Las Vegas Strip in one of the most luxurious hotels in the world. Jewelry store has a smashing 10 year track record of success in the same location. This situation is ideal for a major jeweler to open an additional location and to enter the Las Vegas market with a strong presence and hallmark location. Business includes a $1,000,000 buildout with fixtures and over $850,000 in inventory. This boutique jeweler offers stylish selections including Estate and Vintage Jewelry collections or you can custom tailor unique pieces with their master in-house jeweler. This is a unique major league opportunity! Interested parties must qualify & submit proof of funds with the listing broker and landlord as interest will be strong on this listing. Call the listing broker, Phil Neuenswander, today at 702-355-2395!

Detailed Information

Location:
Las Vegas, NV
Inventory:
Included in asking price
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a leased location of 1,800 square feet with a Total Rent of $55,000. Lease ends 12/2023. Seller is active in the business with 7 Full Time employees. Hours of operation are Sun-Thurs 10 AM to 11 PM and Fri-Sat 10 AM to 12 AM. $850,000 in Inventory and $300,000 in FF&E included in Asking Price. $700,000 made in Leasehold Improvements.
Support & Training:
30 Days
Reason for Selling:
Retirement
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(from currently available funds)
 
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Phil Neuenswander

Business Listed By:
Phil Neuenswander

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Sponsoring Broker:
Jeff & Linda Nyman

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