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BUSINESS FOR SALE - PROFILE #  42520027

Retail Jewelry Store
East Charlotte

Asking Price: $476,000   Down Payment: $476,000  
Gross Revenue: $252,680   Adj. Cash Flow*: $57,602  
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Executive Summary
Started in 2005 by the current owner, the Company is a well established full service purveyor of fine jewelry in the mid price point range along with diamond rings and loose diamonds. Located in a high traffic grocery store anchored shopping center, the Company is based on a reputation for a high standard with customer service.  In addition to retail jewelry a percentage of their business comes from Jewelry repair.

Acquisition Highlights

  • Full Time manager and 3 part time associates Tues-Friday: 10-6 Sat -10-4
  • 1200 square feet in a grocery store anchored shopping center composed of 80,275 gross leaseable space on 9.1 acres. Key national tenants bring plenty of traffic to the center.
  • Started in 2005 by the current owner, the Company is a well established full service purveyor of fine jewelry in the mid price point range along with diamond rings and loose diamonds. Located in a high traffic grocery store anchored shopping center, the Company is based on a reputation for a high standard with customer service. In addition to retail jewelry a percentage of their business comes from Jewelry repair.
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 2005 Inventory: $476,000 Included
Employees: 1 FT, 3 PT Furniture, Fixtures & Equipment: $10,000 Included
Lease/Rent: $2,050 Real Estate:
Building Sq Ft: 1200
    Total Assets Included in Sale: $486,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Adam Petricoff
Phone:  (704) 360-8898
Fax:  (704) 272-4477
E-mail:  apetricoff@vrcharlotte.com
VR Business Brokers - Charlotte, NC
9301 Monroe Rd.
Suite L
Charlotte, NC 28270
www.vrcharlotte.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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