Wholesale Diamond & Jewelry Store – Owner Retiring

Miami, FL (Miami-Dade County)

Wholesale Diamond & Jewelry Store – Owner Retiring
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Asking Price: $1,500,000

Cash Flow: $800,000

Gross Revenue: $2,810,834

EBITDA: N/A

FF&E: $50,000

Inventory: $1,000,000*

Established: 1982

*not included in asking price.

Wholesale Diamond & Jewelry Store – Owner Retiring

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Business Description

Owner retiring after over 35 years in the business! This spectacular Diamond and Jewelry wholesale business has been serving local stores in South Florida and international loyal jewelry businesses with their superior products and the finest jewelry. This business is in the heart of downtown Miami in prime location. No retail, so relaxing and slow-paced business with bulk orders from small jewelry stores with decades of loyalty. This is a family-owned business which requires no employees (unless wanted to manage absentee) has normal business hours 10am-Afternoon. This is an extremely profitable business but note to interested Buyers: 1) Cash offers only w/ no seller financing. 2) Books open for review during due diligence period only after an offer accepted and in-contract to purchase, due to sensitive info. Reason for Selling: Current Owner is retiring after a long lucrative career.

*Use Reference ID: FL-RTMD-JDG

Detailed Information

Location:
Miami, FL
Inventory:
Not included in asking price
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Reason for Selling:
Current Owner is retiring after a long lucrative career.
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Chad Butler

Business Listed By:
Chad Butler

American Business Investments

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