Fine Jewelry & Watch Business For Sale

St. Pete Beach, FL
Asking Price:$175,000
Gross Revenue:$275,000
EBITDA:$175,000
Established Year:1984
Cash Flow:$275,000
Rent:$1,772/Month
FF&E:$175,000
BUSINESS DESCRIPTION

Fine Jewelry & Watch, & Repair Business

Retiring 40+ years in business. Full Service High End Fine Jewelry & Watch business. Offering
Pre-owned Rolex, Breitling, Cartier. We have a full service shop and service Rolex, and all fine watches, and jewelry repair and custom design. Perfect as a repair & Custom Design Center.
We sell to the internet as well, plus eBay.
We are licensed and do discrete lending on jewelry, diamonds, and Rolex.
We are licensed to buy gold, silver, diamonds, and watches.
We enjoy high "Tourist" traffic as well because we are on the main street of St. Pete Beach, and we have a street market every Sunday, which generates serious traffic. We have the gulf of Mexico on each end of our street. The internet is not your competition. The surrounding area is populated buy expensive beach houses and properties. The clientele is a upscale shopper. We service allot of Rolex and Breitling Watches. We are a full service jewelry repair and custom shop as well. This makes this location a must for someone who likes the high end jewelry business and "living the dream" on the beach! You will be buying a 40+ year business with loyal customers.!!!!! , and a remodeled store for
$175,000
You bring in your inventory and open up the next day with customers. You will be walking in and "living the dream" on the "BEACH" in sunny Florida!


DETAILED INFORMATION
Location
St. Pete Beach, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,440
Lease Expiration
14/01/2030
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Entire operation is included in price. Showcases, furniture, repair benches, repair equipment, two safes. Fully alarmed and monitored.. "Inventory is additional and available"
Competition
No other Jewelry or Jewelry & Watch shops on the beaches.
Growth & Expansion
This is a excellent opportunity for a complete custom jeweler, and or watchmaker. A serious money maker! Qualifies for E2 Visa.
Financing
cash
Support & Training
This is an on going business. 18 days training if needed.
Reason for Selling
Retiring 76 years old.

BUSINESS LOCATION
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Charles Williams
Charles Williams