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