Business For Sale Listing 146042
Growing, High Profit Burlington, VT Jewelry
Status as of Oct-10-2008 at 06:00 PM: Off The Market
Business Summary
This jewelry store represents a tremendous opportunity for a new owner. A person or company already in the industry will have a significant advantage because they will understand the industry and can concentrate immediately on operating the business. A designer wishing to own their own store will have even greater advantages and can emulate what already exists. Additionally, the sellers will be available to fully train a new owner. This business has been built up to a respectable sales level of $1.34 Million. This revenue stream should provide discretionary cash flow for a new owner of over $220,000. The store boasts a customer list of 3400 and there is a high repeat sales from this base. The high quality of the designers who display their jewelry in the store is also a considerable asset that contributes to the store’s success. The employees are trained, experienced and loyal and have been another instrumental assets in making this a sought after business. Located in one of the country’s most livable cities and being in a prime retail location are two intangibles that make being an entrepreneur in this community something special. This business is attractively priced at $400,000 plus inventory which will average $400k. CBI estimates an owner equity injection of $200,000 to acquire this great jewelry store.
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