Elegant Silver & Gift Boutique in the Heart of the French Quarter
New Orleans, LA
| Asking Price: | $975,000 |
| Gross Revenue: | $400,000 |
| Rent: | $3,500/Month |
| Established Year: | 1988 |
| Cash Flow: | $400,000 |
| Inventory: | $3,000,000 |
| FF&E: | $75,000 |
Listing ID: 2225433Listing provided by BizBuySell
BUSINESS DESCRIPTION
Premier Silver Emporium in Louisiana Featuring an Extensive $3 Million
After 40 rewarding years, my wife and I are moving towards retirement, leaving behind our flourishing business with a rich inventory, guaranteed to last over a decade. Despite downsizing due to COVID-19, our newly revamped website and loyal clientele remain stronger than ever. Nestled in the heart of New Orleans' French Quarter, this boutique offers a blend of tradition, quality, and unparalleled location, promising a seamless transition to the next passionate owner ready to continue our legacy.
DETAILED INFORMATION
Location
New Orleans, LA
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,000
Lease Expiration
30/04/2026
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Our boutique stands out with over 400 unique jewelry designs. We’re passionate about teaching the art of crafting exquisite silver and gold pieces. Recently, we've upgraded with $50,000 in elegant display cases, enhancing our shop's charm. Situated in a prime location for over 20 years, we offer a stable long-term lease and convenient private parking a block away. This turnkey operation is ready for someone ready to blend tradition with creativity in a welcoming, supportive environment.
Competition
Given that we design and craft the majority of our jewelry in-house, we face minimal direct competition. Our store is highly esteemed within the local community, marking it as a truly unique establishment.
Growth & Expansion
Our current inventory is substantial enough to facilitate the reopening of 2-3 additional stores, offering ample opportunities for expansion either locally or in any desired location.
Support & Training
We are prepared to offer training and support to the new owner for a period of 6 to 12 months, tailored to their specific needs.
Reason for Selling
With over four decades of dedication to our craft, my wife and I believe it is t
Home-Based
This business is Home-Based
BUSINESS LOCATION
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