1020-12399 Unique Silver Jewelry in Great Location

Undisclosed Address, Florida
Business Opportunity for Sale
Catylist Listing ID: 30000916
Property Subtypes: Retail Stores
Building Size (RSF): See Agent
Sale Price: $80,000
Year Business Established: 2001
Gross Revenue: $94,120 (Annual)
Cash Flow: $34,436 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Last Updated: 8/17/2017

Overview / Comments

This store specializes in quality silver jewelry. Beautiful semi-precious stones in unique settings. Great following of loyal customers. Current owner also does some repairs and is willing to continue doing that for the new owner if desired.

Additional Details

Industry Segment: Other Retail Stores
Reason for Selling: Owner has had the business for 15 years and would like to pursue other interests.
Value of Inventory Included ($): $18,000
Value of Furniture, Fixtures, and Equipment ($): $35,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: Located in a strip center in the heart of a busy shopping district. Surrounded by a major hospital, doctor offices and a plethora of restaurants. Dedicated parking for strip center. A lot of foot traffic. Space has beautiful display classes and a welcoming atmosphere. Area has a business association that supports one another and plans events to highlight this special shopping/dining district.
Mgmt/Training Support Description: Will train for 2 weeks @ no cost. Owner will teach you how to buy and display the most appealing pieces for the customer base. No special license required. A pleasant personality and basic business acumen is all that's needed to step in and become your own boss.
Competition/Market Description: This is an area of retail that has the shown growth potential. More and more customers are moving away from high end gold and precious stones to more affordable silver and costume jewelry. This type of jewelry gives the customer an opportunity to own unique pieces at an affordable price.
Growth/Expansion Opportunities: This business can continue to grow by investing in some strategic marketing and partnerships. There is a loyal following of customers and the seller will introduce the new buyer

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,688 16,183
Median Age: 51.31 44.56
Households: 2,735 6,282
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