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- RE: Thriving Jewelry Store In Growing Phoenix Location
- Contact: Jason Dougher
- License #: SA705700000
Quick Facts
Asking Price: | $800,000 | |
Annual Revenue: | $944,533 | |
Net Profit: | $315,680 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $54,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2019 | |
Employees: | 4 | |
BBN Listing #: | 985478 | |
Broker Reference #: | 266-23977 |
Business Overview:
This family-owned well-established jewelry store is now available for acquisition in the West Valley of Phoenix. The store offers a diverse selection of fine jewelry, including engagement rings, wedding bands, necklaces, bracelets, and earrings, all known for their exceptional quality and craftsmanship. In addition to retail sales, the business provides jewelry and watch repair services, appraisals, and custom design work, catering to a broad spectrum of customer needs.
Located in a high-traffic retail area, the store has consistently delivered strong financial performance, with revenues growing at an average of 11% over the past four years. Operated by the owner, their spouse, and one additional employee, the business maintains a loyal customer base and a strong reputation for excellent service. This turnkey opportunity is ideal for an investor or entrepreneur looking to enter or expand in the fine jewelry industry.
Please note that all interested parties must sign a non-disclosure agreement prior to obtaining additional details as well as provide evidence of proof of funds.
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Property Features and Assets:
This is a leased location of 1,550 square feet with a Total monthly rent of $3,816. Lease ends 07/2025. Sellers are active with 1 FT and 3 Contract employees. Hours of operation are 10:00 AM – 5:30 PM, Tuesday – Saturday. $424,000 in inventory and $54,000 in FF&E included in the asking price. $18,000 made in leasehold improvements. No special licensing required.Â
Reason for Selling:
RetiementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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