Jewelry Gifts and Collectibles Specialty Shop

  • Listing# : 12741
  • Listed Price : $295,000
  • Total Sales : $344,083
  • SIC : 5199
  • Down Payment : $295,000
  • Status : Active
  • Discretionary Earnings : $94,742

Business Type :

Retail Miscellaneous / Gift Shops

Business Description :

Jewelry, Gifts, and Collectibles Specialty Shop. Operating 35 years in one of the most desirable areas of Hampton Roads this specialty shop is second to none. It's unique character is evident from the moment you pull up, located on a quaint and quiet street but one always bustling with activity. Once you enter the facility you are immediately surrounded by the most attractive displays of unusual gifts and accessories and jewelry of all types. And adding to the unique character is the fact that a lot of the jewelry is made on the premises by the owner. Yes, the owner has a talent for a specialty craft and one that she is willing to pass along to a buyer. Incorporated in the sale of the business will be a transitional plan long enough for the buyer to become accomplished in producing the products that are currently made on premise. The facility has a great lease in place and can easily be modified going forward to align with a buyers wishes. In addition, the current employees are very familiar with the operation and in operating the business, so the transition will be smooth and relaxed. Adding to the unique character of this opportunity is the fact that the facility is nestled in a tourist destination, so customers are both regulars from the area as well as travelers passing through a historic tourist attraction year round.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $164,000
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $30,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $194,000
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Retail Miscellaneous