Prominent Gold & Jewelry Buyer & Jewelry Store for Sale in SW Illinois

Illinois

Seller Financing Available

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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
BUSINESS DESCRIPTION

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.


DETAILED INFORMATION
Location
Illinois
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,850
Lease Expiration
05/02/2026
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
11 Jewelry diaplay cases, 1 Wall case, OVerhead focus lights of high quality, One Gold Buying station etc.
Growth & Expansion
The business has potential to double in 5 years and profits also double in 5 years in able hands.
Financing
Seller Financing will be considered for suitable and eager candidate
Support & Training
1 to 3 months & negotiable
Reason for Selling
Medical Condition & Likely move to warmer climate
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