38-Year Established Full-Service Jewelry & Custom Grill Business

Description

Full-service jewelry and custom grill business for sale with nearly 40 years of operating history.

Products and services

• Custom grills
• Fine jewelry
• Jewelry repairs
• Gold and precious metals buying
• Diamond buying
• Other jewelry-related services

The business operates from a high-traffic location and has trained staff and security systems already in place.

Financials

• Annual gross revenue: more than $1 million
• Seller-reported net margins: approximately 40% to 60%
• Approximately 60% repeat customers
• New-owner rent: approximately $3,500 per month

The seller identifies gold, diamond and precious metals buying as an important part of current cash flow. Buyers should verify the reported margins and profitability against tax returns and detailed financial statements.

Sale terms

• Business only
• Real estate available separately
• Inventory negotiable
• Seller financing available
• 50% down payment required for seller financing
• Asking price available after NDA

Training

The seller will provide approximately one month of in-person training followed by up to six months of remote support.

Growth

• Extend operating hours
• Add a sixth business day
• Increase social media activity
• Use Google advertising
• Retarget the existing customer database
• Expand jewelry and precious metals marketing

Due diligence

Buyers should verify historical financials, actual net margins, inventory value, precious metals purchases, customer concentration, lease terms, staffing, security systems, insurance and the terms of any seller financing before closing.

Any precious metals dealer license, jewelry-related permits or regulated buying activities should also be reviewed for applicable transfer, registration and recordkeeping requirements.