Profitable Established Jewelry Store
Location British Columbia,Canada
Asking Price Range $250K - $500K
Gross Revenues $500000
Net Profit / Cash Flow $100000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 1 - 3
Inventory 100000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Yes.
Reason for Sale Retiring - Want to play more golf!
Description Location! Location!
12-year-old established & always growing jewelry business for sale in the HAWAII of Canada - Kelowna, BC Canada in the Okanagan Valley.
This jewelry store is situated in the beautiful sunny Okanagan Valley in British Columbia, Canada, and has been operating for 12 years. Family owned and operated, this jewelry store has been proudly serving the Valley since 2000 and has been voted best jeweller in the Okanagan by the readers of Okanagan Life. Specializing in watches and unique jewelry, it offers rare and collectible pieces to clients around the world, featuring fashion jewelry, bridal, collectible time pieces, watches & extraordinary service.
Kelowna is where the sun is hot, golfing incredible, lake enjoyable, wineries plentiful and the ski slopes fantastic. This is not your average Canadian city, and there is definitely no better place on earth.
Owner is a watchmaker by trade and would like to retire, ok, really, he wants to golf more - Qualified serviceman with over 30 years experience. An avid collector of watches, pocket watches, vintage pieces and coins, he enjoys the intricacies of repairing timepieces and the satisfaction of offering quality items to the discerning client.
Watchmaker willing to service watches up to 3 days a week and continue to develop loyal clientele for you! He is renowned in the city for attention to detail, quick service repair, and quality of work done.
Current Watch Brands: Ball Watch, Tissot, Rotary, Momentum.
Current Top Selling Jewelry Brands: Chamillia, Frey Willie.
Profit : Store has been extremely profitable and continues to increase in profits every year by 10+%. New 4-year lease just signed, good until 2016.
Only serious inquiries will be given confidential financial information.
For more information please email or contact Ted at 250.862.9287.
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