Longstanding Jewellery Business for Sale

ASKING PRICE:
$450,000

LOCATION: GTA

LISTING DETAILS:

LISTING ID: 3593

TYPE OF SALE: Share

MLS CODE: Exclusive

RELOCATABLE: No

INDUSTRY: Retail - Stores

REASON FOR SALE: Personal

TRAINING & SUPPORT: Yes

ABSENTEE OWNER: No

DESCRIPTION:

With over 35 years of success, this jewelry business offers a curated selection of certified natural and lab-grown diamonds, colored gemstones, exotic pearls, watches, and fashion accessories. They also offer custom work and repairs on jewellery and watches, attracting a steady and loyal customer base. The store is strategically positioned in a popular shopping destination, ensuring high foot traffic and visibility.

Targeting a large demographic of individuals aged 20 to 70 in search of engagement rings, wedding bands, and necklaces, there is tons of potential to expand service offerings to dive into an untapped market. Operating with second hand licenses and with consistent sales throughout the year, this business and its decades of expertise will prove to be a profitable opportunity for the new owner. Listing ID: 3593

*Please note the SDE listed is a 3-year-average

COMPANY INFORMATION:

YEAR ESTABLISHED: 1986

FRANCHISE: No

SQUARE FOOTAGE: 935 sq ft

MONTHLY RENT: $18,010 pm (incl TMI) + HST

FINANCIAL INFORMATION:

GROSS REVENUE: $873,292

SDE: $243,677

FINANCING/TERMS: Financing Can Be Arranged For The Right Candidate

FFE INCLUDED: Yes

INVENTORY INCLUDED: No

EBITDA: N/A

FOR MORE INFORMATION ON THIS LISTING, PLEASE COMPLETE OUR NON-DISCLOSURE AGREEMENT

PLEASE FILL OUR NDA

DISCLAIMER:

The information in this listing has been provided by the business seller. Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.