Top Rated Jewelry Store in Busy Area

Harris County, TX

Top Rated Jewelry Store in Busy Area
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Asking Price: $60,000

Cash Flow: $32,462

Gross Revenue: $248,105

EBITDA: N/A

FF&E: $20,000

Inventory: $50,000*

Rent: $6,500 /Month

Established: N/A

*not included in asking price.

Top Rated Jewelry Store in Busy Area

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Business Description

Recent Price Reduction!

Recently reduced by $35,000! Seller is very motivated to sell! This highly rated jewelry store opened in 2014 and is located in an upscale retail center inside Loop 610 in central Houston. Services include jewelry repair and restoration, custom design, CAD-CAM design, watch bracelet repair, fabrication and casting, stone identification and evaluation, and appraisals.

This 1,500 SF store has a modern gallery feel and includes FF&E of $20,000 and Leasehold Improvements of $30,000. Annual sales in 2018 were $248,105 with $32,462 in seller discretionary earnings. Inventory and tools are not included in the listing price but are available at an additional cost.

This business would be an excellent opportunity for an owner-operator who has knowledge of the jewelry business and how to advertise effectively. The Seller does NOT advertise at all.

The owner is selling the business in order to relocate out of state to be with family. The seller will train the buyer for at least two weeks to ensure a smooth transition.

For more information please contact Ron Hankamer at 713-854-1302 or rhankamer@tworld.com.

Detailed Information

Location:
Harris County, TX
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
2 weeks
Reason for Selling:
relocation
Contact Seller

Contact the Seller

(from currently available funds)
 
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Ron Hankamer, Jr.

Business Listed By:
Ron Hankamer, Jr.

Transworld Business Advisors

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Sponsoring Broker:
Gerald G. Brisson, CBI, M&AMI, CMAP

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