Established Jewelry Design Business

Dallas, TX
Jewelry
Asking Price:$675,000
Gross Revenue:$869,425
FF&E:$56,000
Cash Flow:$315,850
Inventory:$680
Established Year:2012
BUSINESS DESCRIPTION

Established Design Jewelry Business

Second to none personalized experience with exceptional service, this well established Jewely store has provided countless unique designs of original jewelry and statement pieces for all customers. The owner started the company in 2012, but she has over 40 years of experience as a custom designer.
This Jewelry store creates custom one of-a-kind pieces that are meant to be enjoyed and cherished for generations to come. The design templates for all their designs would be included in an ownership transfer.
The company's specialty is the design of truly unique jewelry pieces. The owner has identified at least 16 recurring accounts; that is, long-time customers who continue to come back for additional products. The owner has wisely trained others to develop similar designer skills Other duties fulfilled by the current owner include payroll, paying bills, invoicing and accounts receivable.


DETAILED INFORMATION
Location
Dallas, TX
Inventory
Included in asking price
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
In an Office Building location, the business leases 971 sq ft, and the monthly rent is $1,600. The current lease expires in June of 2027. They are located on one of the most well-traveled streets in the DFW metroplex.
Competition
In the DFW Metorplex, there are companies with similar product offerings. However, in an area with a large number of high net worth individuals, there is no shortage of potential customers.
Growth & Expansion
There is significant potential for growth. The company is located in one of the largest (and fastest growing) metropolitan areas in the country. Coupled with a rapidly growing population, if marketing efforts were expanded, growth could be reasonably expected.
Reason for Selling
Retirement
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Ken
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Ken pokorny