Profitable High-End Jewelry Stores

New Orleans, LA (Orleans County) (Relocatable)

Profitable High-End Jewelry Stores
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Asking Price: Get Financing: N/A

Cash Flow: $104,250

Gross Revenue: $461,123

EBITDA: $113,300

FF&E: $160,000

Inventory: $200,000

Real Estate: N/A

Established: 1988

Profitable High-End Jewelry Stores

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Business Description

These jewelry stores run on the idea that not one single piece of jewelry should be the same; each should be unique and shine in its own way. This very well-established retail and online specialty jewelry business with two different locations glimmers and shines more than the rest, and has become a mainstay in the New Orleans area for its many years of top-notch customer service and the highest quality of products. This jewelry store focuses on jewelry from around the world, and uses these products to create one-of-a-kind customized designs for their customers. So, what are you waiting for? This “golden” opportunity doesn’t come around very often!

*Another $2 mil in inventory is available, if desired!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
N/A
Employees:
2FT/2PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business has 2 locations in New Orleans: it has a store in the French Quarter, and a store on Magazine St.
Competition:
The business has a great advantage in the local market. Its unique jewelry, which takes inspiration from the city of New Orleans, helps it stand out from the rest of its competitors. The business is also well positioned in the online market.
Growth & Expansion:
It has a user friendly, highly functional website that drives online sales on top of what the business sells in its physical locations. And with the evolving consumer behavior toward online retail, the business has a great opportunity for growth and expansion.
Support & Training:
The seller is willing to train for 10 weeks at no cost
Reason for Selling:
The seller is looking to retire
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Seiler Tucker, Inc. M&AMI, CSBA, CBB

Business Listed By:
Michelle Seiler Tucker

Seiler Tucker

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. 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.

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