Reputable Jewelry Store located in Fairfax, VA - DG

Listing Number: 9525-863711

Description

Are you ready to own a thriving jewelry business in the heart of Fairfax, VA? Look no further!

Financial Snapshot (2023):

Asking Price: $190,000

Revenue: $250,000
Seller's Discretionary Earnings (SDE): $120,000

Key Features:

Prime Location: Situated in a bustling area with high foot traffic, this business benefits from a strategic location that ensures a steady flow of potential customers.

Established Reputation: With a legacy of providing high-quality, unique jewelry pieces, the owner has built a strong and loyal customer base over the years.

Impressive Financials: In 2023, the business achieved $250,000 in revenue, showcasing its robust financial performance. The Seller's Discretionary Earnings (SDE) for the same year amounted to an impressive $120,000.

Diverse Inventory: The store offers a wide range of exquisite jewelry, catering to various tastes and preferences. From engagement rings to custom-made pieces, this opportunity has it all.

Experienced Staff: Benefit from a team of knowledgeable and skilled staff members who contribute to the smooth operation of the business.

Turnkey Operation: This is a fantastic opportunity for an entrepreneur or an investor looking for a turnkey business. The systems are in place, and the business is ready for a seamless transition to new ownership.



Reason for Sale: The current owner is pursuing other business ventures and has made the difficult decision to part ways with this successful enterprise.

Inclusions:

• Existing inventory not included (Seller willing to negotiate separate from the listing price)
• Furniture and fixtures
• Established customer relationships
• Vendor contacts

Don't miss out on the chance to own a profitable jewelry business with a stellar reputation.

Serious inquiries only.

Listing Details

• Price: $190,000
• Down Payment: $190,000
• Sellers Discretionary Earnings: $0
• Total Sales: $250,000
• Location: Virginia


• Inventory: $0
• FF&E: $80,000
• Employees:
• Reason for Selling: Retirement
• Category: Jewelry