Price Reduced! Jewelry Boutique In Affluent Neighborhood | Transworld Business Advisors
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Price Reduced! Jewelry Boutique In Affluent Neighborhood

Listing Number: 6842-25796

Description

In business for almost 30 years, it is located in one of the top Manhattan zip codes and serves both the retail and wholesale sector.

The retail store features the custom creations of the owner, who oversee all manufacturing, plus the work of a select group of creative and elegant designers.

The wholesale operation distributes the owners’ works of art to 60 stores in the US and abroad.

Revenue continues to be strong and will reach almost $1 million in 2013. SDE for 2013 will be approximately 30%.

The prime location and unique jewelry design make it a desirable business to add to the existing portfolio of a fashion or accessories firm or for an upstart brand to add heritage, cache and a clientele with disposable income.

Listing Details

  • Price: $799,000
  • Down Payment: $699,000
  • Sellers Discretionary Earnings: $300,000
  • Total Sales: $950,000
  • Location: New York, New York

  • Inventory: $250,000
  • FF&E: $150,000
  • Employees: 4
  • Year Established: 1984
  • Reason for Selling: Retiring
  • Category: Jewelry

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