Profitable and Established Fine Jewellery Business
ASKING PRICE:
$499,000
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:
Operating since 1986, this established jewelry business has become the go-to destination for engagement rings, wedding bands, and other fine jewelry. Offering a curated selection of certified natural and lab-grown diamonds, coloured gemstones, exotic pearls, watches, and fashion accessories, it has earned a solid reputation for personalized service and craftsmanship. Specializing in custom work and fast repairs on jewelry and watches, this business also has the potential to bring repair services in-house for additional revenue streams. With a target market spanning individuals aged 20 to 70, there is ample opportunity for growth and expansion. In addition to its core offerings, the business holds second-hand licenses and experiences consistent sales throughout the year. Positioned to capitalize on the thriving jewelry retail market, it presents a lucrative opportunity for potential buyers looking to enter or expand in the industry. Don't miss out on the chance to own a well-established jewelry business with a loyal customer base and significant growth potential. 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
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.
CONTACT US ABOUT THIS LISTING
CALL US: +1 (416) 333-7999 |
TEXT US: (647) 558-2180 |
EMAIL US: info@aldrin.ca |