Listing Number: 16754-486425
Description
This is an amazing opportunity to acquire one of the most prestigious high end jewelry stores in Northern California. This business focuses on upscale fashion jewelry, bridal, and custom design. It has been the go-to jewelry store for over 3 decades. They are a full-service jeweler that keeps up with the latest trends, brands, and top designers. With an excellent reputation in the community and their experienced staff, this is
a true turn-key opportunity.
If the high profit of this Business isn’t enough to put you over the edge, then wait until you see the quality and volume of inventory you will get included in the purchase price. After so many years of working with their customers, the Sellers have a wonderful grasp on what products their clientele look for and only keep the top tier in stock. Keeping the obsolete inventory at a nominal amount.
With a very successful career in the Jewelry business, the Sellers are ready to retire and pass the baton on to the next owner.
With the volatility of the Market & today’s economy, Gold & Jewelry seem to be a more stable place to invest.
Listing Details
- Price: $4,800,000
- Down Payment: --
- Sellers Discretionary Earnings: $740,000
- Total Sales: $3,206,614
- Location: California
- Inventory: $1,500,000
- FF&E: $950,000
- Employees:
- Reason for Selling: Retirement
- Category: Jewelry,Distribution,Retail Miscellaneous