Listing Number: 61523-285626
Description
For almost 40 years, this iconic family-owned business has been selling Vintage Jewelry, Numismatics, Coins, Bullion, Collectibles and more. They are also the only certified numismatic company in Central Oregon.
In addition to their unrivaled retail location on the main corridor through town for customer access, they also sell inventory on Etsy and eBay.
The real estate is also being offered purchase at $700,000 although the owners are willing to lease back to approved buyers.
They provide appraisals and buy/sell jewelry, watches, scrap gold/silver, and also offer consignment.
In addition to the 2 owner-operators, the business has 1 full-time and 2 part-time employees, both with years of experience.
An ideal buyer should have industry experience or have access to experienced personnel as 2 owners with extensive experience will be exiting after the transition.
The owners are retiring.
Listing Details
- Price: $ 525,000
- Down Payment: $525,000
- Sellers Discretionary Earnings: $ 348,772
- Total Sales: $ 3,800,297
- Location: Deschutes County, Oregon
- Inventory: $ 175,000
- FF&E: $ 17,760
- Employees: 4
- Year Established: 1984
- Reason for Selling: Retirement
- Category: Jewelry
