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Retail Jeweler: Sales, Repairs & Custom Jewelry
Location Texas,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1016000
Net Profit / Cash Flow $205000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1906
Number of Employees 6 - 9
Inventory 882000
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Training The owner has agreed to remain for a transition period after the sale. Key employees will most likely stay on after the sale.
Reason for Sale Retirement approaching.
Description This one of a kind family owned jewelry store has withstood the tests of time and is posed for continued growth into the foreseen future! The locally owned business offers their clients with an amazing selection of the most exquisite fine jewelry, gifts and hand selected diamonds. Custom rings, necklaces, bracelets and earrings with precious stones and gems are available in every style. All of Texas has seen the best possible shopping with the highest quality at the most affordable price. Customers will find the friendliest and most knowledgeable staff. Making life a bit easier, this jewelers has an online catalog to let customers not the availability of product on the company website. A customer can also create an account to keep track of their order history.
For generations this company has served its community and provided beautiful selections of all kinds of gems and diamonds. The business also pays cash for unwanted, broken or out of date jewelry whether it is a stock item or the latest designer. The Company will buy diamonds if they meet their stringent quality and size criteria. They are jewelry and diamond buyers who are most discreet in making sure their customers get a fair price for their jewelry. Over the years the business has grown and developed trusted clients over generations. The current owner is selling in order to enjoy retirement.
The Company offers the highest quality diamonds, other precious stones, gold and silver jewelry in stock and custom made for rings, necklaces, earrings and bracelets as well as related accessories. This fine business has 1,300 sq ft of leased space in a Prime Shopping Mall in Central Texas with department stores such as Nordstroms & Macys. The location is excellent, located next to the escalators to the food court and near the movie theater. The majority of the space is dedicated to the jewelry showroom; however there is an office and staff room in the back. See photos for more details. Asking $1.7M with inventory.
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