Prominent Gold & Jewelry Buyer & Jewelry Store for Sale in SW Illinois
Asking Price: | $499,000 |
Gross Revenue: | $900,000 |
EBITDA: | $260,000 |
Established Year: | 2008 |
Cash Flow: | $300,000 |
Rent: | $3,800/Month |
FF&E: | $100,000 |
This is 2800 SF store located in South West IL in a prominent Strip Mall. The store is 15 years old and has massive following and footfall with customers for buy and sell gold jewelry & diamonds. This year sale will cross $900,000 and Gross Profit $395,000. Over 300,000 people stay within 10 mile radius of the store. Aprx. 20,000 cars cross daily the road in front of the strip-Mall. Store opens for five & a half days/week. This is very easy business to run however to operate Jewelry sale buyer must have interest in Jewelry. Store is sold with fixtures and ready to move-in. It will start giving you profits from the day one. For a dedicated hardworking person, the upside is big to grow business. The store will be sold without inventory but you will quickly buy off the counter enough to be able to sell back after refurbishing. Seller-financing available for deserving & capable buyer.