Highly Profitable Jewelry Stores
These Jewelry stores run on the idea that not a single piece of jewelry should be the same; each should be unique and shine in its own way. This well-established retail and online specialty jewelry business with two locations, glimmers and shines more than the rest and has become a mainstay in the New Orleans area for its many years of top-notch customer service and the highest quality of products. This jewelry store focuses on jewelry from around the world and uses these products to create one-of-a-kind customized designs for their customers. So what are you waiting for? This “golden” opportunity doesn’t come around very often!
| PRICE: | $400,000 |
| REVENUE: | $461,123 |
| EBITDA: | $176,588 |
| LOCATION: | The business operates in 2 major retail/tourist locations in New Orleans, and drives its business from locals as well as tourist. |
| INDUSTRY: | Luxury Goods & Jewelry |
| LISTING #: | 3353 |
| LISTED BY: | Michelle Seiler Tucker |
| REVENUE: | $461,123 |
| EBITDA: | $176,588 |
| SELLER FINANCING: | Yes |
| PRICE: | $400,000 |
| DOWN PAYMENT: | Undisclosed |
| LENDER PREQUALIFIED: | Yes |
| YEARS IN BUSINESS: | 30 years |
| INVENTORY: | Inventory is valued at $200,000, and is included in the asking price |
| ACCOUNTS RECEIVABLE: | |
| FF&E: | $ 160,000 |
| REAL ESTATE PRICE: |
| REAL ESTATE INCLUDED: | No |
| FACILITIES: | The business has 2 locations in New Orleans. It has a store in the French Quarter and a store on Magazine St. |
| LEASE TERMS: | |
| IP: | Over 500 Jewelry Castings and Molds |
| REASON FOR SELLING: | The seller is looking to retire. |
| TRAINING PERIOD: | 10 weeks |
| RELOCATABLE: | No |
| NO OF LOCATIONS: | 2 |
| EMPLOYEES: | The business currently has 4 employees, 2 of which are full time and 2 that are part time. |
| CONTRACT STAFF: | |
| MANAGEMENT TEAM: | Yes |
| PARTNERS: | No |
The business has a great advantage in the local market. Its unique jewelry, which takes inspiration from the city of New Orleans, helps it stand out from the rest of its competitors. The business is also well position in the online market. It has a user friendly, highly functional website that drives online sales on top of what the business sells in its physical locations. And with the evolving consumer behavior toward online retail, the business has a great opportunity for growth and expansion.
Seiler Tucker Incorporated is America's Premier Merger & Acquisition Advisor. We are the expert business authorities in buying, selling, fixing and growing companies. We close 99% of all offers. We have thousands of buyers! Michelle Seiler Tucker is the Founder and CEO. She has sold over 500 businesses to date and currently owns and operated several successful businesses. Michelle continues to help buyers from all walks of life buy the American Dream, create financial freedom, be their own boss, and obtain a better quality of life.