Profitable and Pretty Jewelry Store For Sale

Hillsborough County, NH

Profitable and Pretty Jewelry Store For Sale
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Asking Price: $113,000

Cash Flow: $103,479

Gross Revenue: $336,800

EBITDA: $103,479

FF&E: $50,000

Inventory: $78,000*

Rent: $1,400 /Month

Established: 2007

*not included in asking price.

Profitable and Pretty Jewelry Store For Sale

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Business Description

Turn Key Money Making Service and Retail Store

Boutique jewelry store for sale on busy street. Store has been in business over 10 years and has averaged revenue of $336,800 over the past three years with average owner income of $103,561. In 2018 it did $349,534 in revenue and owner income was $106,245. Sale includes $50,000 worth of display cases, tools, office equipment and other fixtures.

This store specializes in service work -- which makes up the bulk of its revenue. In addition to service work, it deals in estate jewelry, which has great margins as does the scrap Gold business. Estate jewelry is purchased and resold in the store and online. Excellent business model.

Inventory costs are low because the store doesn't stock large amounts of unnecessary items that may not sell. It turns the inventory very well.

The store looks great -- with large windows that invite customers in from the sidewalk. Building is on the newer side. Location is on a busy street getting 15,000 daily trips.

Buyers do not need to be jewelers (the seller is not), but a background would help as would knowledge of watch repair.

Detailed Information

Location:
Hillsborough County, NH
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
726
Lease Expiration:
N/A
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
2 weeks
Reason for Selling:
Retiring
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Jody Reese

Business Listed By:
Jody Reese

Transworld Business Advisors New Hampshire

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