High Volume Diamond & Gold Jewelry business for sale.in Louisville, KY

Louisville, KY
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Asking Price:$2,400,000
Gross Revenue:$2,564,499
EBITDA:$913,447
Cash Flow:$1,422,747
Inventory:$800,000
Established Year:2021
BUSINESS DESCRIPTION

Luxury Jewelry Business with Strong Financials in Great Location in Busy Mall in Kentucky for Sale for $2,400,000 Plus Inventory.
Business Description
Jewelry Business in Very Busy Mall in Louisville, KY. Asking Price is $2,400,000 Plus Inventory of $800,000
Benefits:
1. Business established over 30 years in major Shopping Mall Surround by all branded Stores In Louisville, KY. This business is Located in a shopping mall anchored with multiple department stores that bring in traffic. With three decades in business, this fine Jewelry shop has earned a truly outstanding reputation with all Five star reviews. High profit margins.
2. Turn-key business with exclusive Jewelry Deigns and elite clientele
3. Business opens 7 days a week from 10:00 am to 9:00 pm.
4. Gross sales in 2023 $2,564,499 with a cash flow of $1,785,292 for 12 Mos. Projected sale of 2024 is over $3.6 Million with 52% mark up with very strong Financials.to prove the Sale.
5. Monthly Rent $15,503 with Long Lease.
6. The Jewelry Store sells Jewelry made of Diamonds, Gold, Silver and other Precious Gems.
7. Owners retiring after over 30 years in the business.
8. Current owner has own Brand and wants to sell the Brand (if bought all 4 Stores), Inventory, Goodwill, Software, POS, Case Goods if someone buys all 4 Stores.
Asking Price of all 4 Store is $4,300,000 Plus Inventory of 2,500,000.
Louisville, KY Sale for 2023 is $2,564,499 and Projected sale of 2024 is $5.6 Million. Rent is $15,503. Asking Price is $2,400,000 Plus approximate $800,000.
Mesquite, TX Annual Sale is $1,517,664 and Projected Sale of 2024 is $1,800,000 Rent is $11,114. Asking Price is $800,000 Plus Inventory of $600,000
Arlington, TX Sale for 2023 is $1,314,648 and projected sale of 2024 is $1.6 Million. Rent is $11,347. Asking Price is $700,000 Plus Inventory of $500,000
Allen Premium Outlets Allen, TX Sale for 2023 is $1,314,648 and projected sale of 2024 is $1.6 Million. Rent is $11,347. Asking Price is $400,000 Plus $600,000.
New Qualified Buyer can get an SBA to Purchase all 4 businesses or can buy one by one.
Please contact Real Estate Broker Narinder Singh to get all business information and will also help in getting the SBA Loan as well for qualified buyer.
Narinder Pal Singh


DETAILED INFORMATION
Location
Louisville, KY
Inventory
Not Included in asking price
Employees
8
Facilities
Very High End Gold and Diamond Jewelry Retail Store.
Competition
Very good Strong Business with very Competition and opportunity to increase the Sale.
Growth & Expansion
Lot of Opportunity to increase the business.
Financing
SBA Loan is possible with 30% down payment subject to bank approval.
Support & Training
Seller will give full Training who to operate the business, from where to get the product and how to manage the business.
Reason for Selling
Seller is Retiring from this business and put all businesses for Sale.
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Narinder
Pal Singh
Nationwide Homes & Lending - Broker
Narinder Pal Singh