Retail Jewelry & Fine Arts
Location Arizona,United States
Asking Price Range < $250K
Gross Revenues $193680
Net Profit / Cash Flow $47308
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1987
Number of Employees 1 - 3
Inventory 130000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 2 weeks.
Reason for Sale Retiring.
Description This retail business is a gallery of jewelry, arts and fine crafts. For the past 20 years the seller's have designed and created fine jewelry and have been devoted to featuring the best new and emerging local and southwestern artists and artisans. In the process the galllery has earned a reputation for being a perfect gift source for all occasions. The gallery is located in the tranquil environs of one of Tucson's more beautiful plaza with its eclectic collection of locally owned shops and restaurants. Seller is smei-absentee working only 3 days per week. Seller's inventory is not included in the sale but will be left on consignment along with other artist's inventory. Seller's inventory is estimated at $156,000 retail as well as an estimated $150,000 additonal inventory from other artists. Current lease expires 09/20/2010 with one 5 year option. Building size is 816 square feet with a base rent of $1300 per month. Purchase price of this business is $168,000. Please email or call Jerry Doty at 520-577-1212, ext. 26 for more information on this Retail Jewelry & Fine Arts business for sale. Seller's are motivated and will consider all resonable offers.
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