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Vibrant, Busy Retail Jewelry Store - Selling Due to Owner's Health

Middlesex County, NJ
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Asking Price:$95,000
Rent:$2,350/Month
Gross Revenue:$858,455
Established Year:2007
Listing ID: 2278902Listing provided by BizBuySell
BUSINESS DESCRIPTION

FOR SALE - Busy central New Jersey retail jewelry store in a robust shopping center for sale due to health reasons. This successful store has been operating for 50 years at this location, with only three total owners over the years. Great cash flow. High volume sales, gold buying and repairs. Decades of business in this area, with a constant stream of customers, many second and third generation clients. Walk in with your own stock and ready customers will start coming through the door. Plenty of parking. Extremely reasonable rent. Showcases, jewelers bench, welding supplies, safe, security cameras included. *Price listed is for purchase closing on or before 12/1/24. If closing should take place 1/16/25 or later, list price will be $50,000.

DETAILED INFORMATION
Location
Middlesex County, NJ
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
300
Employees
3
Facilities
Included: Showcases, jewelers bench, welding supplies, safe, security cameras.
Competition
Store is located in a busy shopping center in a retail section of town. We are the only jewelry retailer in our town. Extremely well respected with excellent, unsolicited Google reviews. We do high volume sales, gold buying and repairs. Located 39 miles from New York City. The sale of the business hasn't yet been announced - business is and will be continued as usual throughout the turnover to the new ownership.
Support & Training
Transitional support will be provided - extent of which to be determined.
Reason for Selling
Health issues
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Nicholas Raymond
Phone Number
Nicholas Raymond
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