LISTING DETAILS:

DESCRIPTION:

Operating since 1986, this established jewelry business has become the go-to destination for engagement rings, wedding bands, and other fine jewelry. Offering a curated selection of certified natural and lab-grown diamonds, coloured gemstones, exotic pearls, watches, and fashion accessories, it has earned a solid reputation for personalized service and craftsmanship. Specializing in custom work and fast repairs on jewelry and watches, this business also has the potential to bring repair services in-house for additional revenue streams. With a target market spanning individuals aged 20 to 70, there is ample opportunity for growth and expansion. In addition to its core offerings, the business holds second-hand licenses and experiences consistent sales throughout the year. Positioned to capitalize on the thriving jewelry retail market, it presents a lucrative opportunity for potential buyers looking to enter or expand in the industry. Don't miss out on the chance to own a well-established jewelry business with a loyal customer base and significant growth potential. Listing ID: 3593

Please note, the SDE listed is a 3-year average.

COMPANY INFORMATION:

YEAR ESTABLISHED: 1986

FRANCHISE: No

SQUARE FOOTAGE: 935 sq ft

MONTHLY RENT: $18,010 pm (incl TMI) + HST

FINANCIAL INFORMATION:

GROSS REVENUE: $873,292

SDE: $243,677

FINANCING/TERMS: Financing Can Be Arranged For The Right Candidate

FFE INCLUDED: Yes

INVENTORY INCLUDED: No

EBITDA: N/A