Very High Gross Margin Diamond & Gold Jewelry business for sale.in TX

Louisville, KY
listing image
Asking Price:$4,400,000
Inventory:$2,200,000
EBITDA:$1,912,093
Gross Revenue:$6,711,459
Rent:$15,503/Month
Established Year:2021
BUSINESS DESCRIPTION

High Margin Gold and Diamond Jewelry Business for Sale

Luxury Jewelry Business with Strong Financials in Great Location in Busy Malls and Premium Outlets of Texas and Kentucky for Sale
Business Description
Jewelry Business in Very Busy Mall in Louisville, KY
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 $5.6 Million with 52% mark up.
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, 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.
Mesquite, TX Annual Sale is $1,517,664 and Projected Sale of 2024 is $1,800,000 Rent is $11,114
Arlington, TX Sale for 2023 is $1,314,648 and projected sale of 2024 is $1.6 Million. Rent is $11,347
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
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
Real Estate
Leased
Lease Expiration
01/09/2024
Employees
18
Facilities
Very High End Gold and Diamond Jewelry Store.
Competition
Very good Business with very Less Competition
Support & Training
Seller will give full Training who to operate the business, from where to get the product and how to manage the business.
Report an Issue with this listing
profile-img
Narinder
Pal Singh
Nationwide Homes & Lending - Broker
Narinder Pal Singh