Brokerage, Financial & Consulting Services

 WHY BUY?

• Excellent reputation
• Unique but saleable inventory
• Located in very desirable area
• Trained and loyal staff
• Established artisan suppliers
• Highly profitable
• Successful business model

FACILITIES: The business operates from a leasehold space consisting of a retail showroom, offices and a designer work area. The property is in a renowned retail and commercial district.

EMPLOYEES: The trained staff has over 4 year's average experience and they have developed their own customer following. The employees consist of jewelers and salespeople. They are a huge asset of the business.

COMPETITION: While there are numerous competitors in the immediate area for jewelry, there are only two competitors in the designer market. The others are either mass merchandisers or sell traditional jewelry that is more price competitive.

CUSTOMERS: The store has developed a customer list in the thousands. The prime target for sales is women between 30-60 looking for more individualized and distinctive jewelry.  

FINANCIAL: The business has built sales to the $1.2 million level. The sale of artisan jewelry generally commands better margins than that sold in the mass merchandised stores. The current cash flow provides a lucrative income for the seller. Sales have grown from $1,050,000 in 2004 to an estimated $ 1,200,000 today, with gross profit for 2007 forecast at above 50%, or $ 640,000. EBITDO (Earnings before interest taxes, depreciation & owner draw) has been $ 140,000, $ 185,000 and $ 273,000 through 2006, with $ 240,000 or better anticipated for 2007.  

SUMMARY PRICE AND TERMS: This niche jeweler represents an excellent opportunity for a new owner. It has a dynamic location, trained employees, a diverse mix of artisan suppliers and a model for success. Revenues and cash flow are both significant and will provide excellent returns on investment. This highly reputable store is attractively priced at $400,000 plus inventory. CBI estimates an equity investment of $250,000 with the remainder funded through banks. Help the seller retire while providing an excellent investment for you by contacting CBI about this wonderful business.