Retail Jewelry & Jewelry Repair
Location Massachusetts,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $1045548
Net Profit / Cash Flow $472041
Cash Flow Type EBITDA
Seller Finance No
Year Established 1994
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Training It is negotiable as to how long the current own...
Reason for Sale The owner wishes to pursue retirement at this time
Description This business was originally established more than 10 years ago and has been under the same ownership ever since its inception. It is the only business of its kind within the mall where it is located. The company has seen a wide variety of customers ranging from repair to sophisticated diamond connoisseurs. They currently have a reliable customer base of approximately 3,000 clients. In this business, the product varies just as much as the customer does; they range from low cost items to gold & gems and upwards to high end diamonds. The facilities are clean and presentable with the entire staff being trained personally by the owner. An advertising campaign was initiated by the owner 3-4 years ago which brought a strong customer base to the business through TV, radio, and print. The company has been a member of the Better Business Bureau since 1996, was voted #1 retailer in this area's mall facility, and was voted #1 Jewelry Store in Southern New England by The Standard Times. The company has seen $1 million in annual income over the past two years consecutively. Contact for more information on this Retail Jewelry & Jewelry Repair business for sale.
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