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FINE JEWELRY STORE WITH SUCCESSFUL 57 YEAR HISTORY

Owner-operated fine jewelry store has been profitable in affluent executive community for over half a century with an excellent reputation for trust, quality and personal service. Recession-proof mix of income generated by fine jewelry and watch sales, estate jewelry consignments, as well as jewelry and watch repairs, custom restyling and design, engraving and appraisal services. Reliable upper income customer base with mailing list of long term multi-generational repeat clients.

Store consistently produces sales in the upper six figure range with owner's benefits exceeding $200,000. Net Income available to the owner had a weighted average of $210,000 annually for the last 3 years. Due to exceptional supplier memo relationships, store is able to achieve a 4-5x turnover on low inventories.

Turnkey operating store with key personnel in place to include all display fixtures, security system and safe as well as jewelry/watch repair shop equipment and supplies. Retiring owner will assist buyer for easy transition.

Ideal opportunity for existing jewelry store owner or jewelry professional with financing in place, who is looking to work for themselves and take advantage of the growth history and solid potential this store has to offer.