$75,000
Cash Flow (SDE)
$32,099
Gross Revenue
$133,000
Established
2013
Business Location
Lakewood, NJ
Business Description
Jewelry store selling fashion costume and gold-plated jewelry. The owner has over 50 years of retail experience and is an expert in buying fashion-forward merchandise. Sale includes a full store of fresh jewelry (worth 45k) that she handpicked piece by piece. Owner wants to move away from the day-to-day operations of the store but would be happy to stay on to help with the buying. The store is open from Sunday-Thursday, 10 am-6 pm. The owner currently works 2 days/week. There are 2 experienced salespeople in place who were trained by the owner for many years. The store is beautifully set up with mahogany showcases and LED lighting worth over 20k. All inventory and showcases are included in the sale. Rent is only $1,200/month. Payroll is only $580/week + commission. The store has a stellar reputation in the Frum community with many repeat customers who won’t shop anywhere else. With a small amount of advertising, sales can easily grow.
