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Highly Profitable Jewelry Stores for sale in New Orleans, LA

New Orleans, Louisiana (LA)

Asking Price: Gross: Cash Flow:
$ 400,000 $ 489,465 $ 113,300

Furniture and Fixtures Value:
$ 160,000 (included in the asking price)

Inventory Value:
$ 200,000 (included in the asking price)

Business Summary:
These jewelry stores run on the idea that not a single piece of jewelry should be the same; each should be unique and shine in its own way. This well-established retail and online specialty jewelry business with two locations glimmers and shines more than the rest, and has become a mainstay in the New Orleans area for its many years of top-notch customer service and the highest quality of products. This jewelry store focuses on jewelry from around the world, and uses these products to create one-of-a-kind customized designs for their customers. So, what are you waiting for? This “golden” opportunity doesn’t come around very often! An additional $2 million in inventory is available, if desired!!

 

   
Year Business was Established: 1988
   
Number of Employees: 2FT/2PT  
   
Facilities / Terms of Lease: The business has 2 locations in New Orleans: it has a store in the French Quarter and a store on Magazine St. The business operates in 2 major retail/tourist locations in New Orleans, and drives its business from locals as well as tourist.  
   
Potential Growth/Expansion: It has a user friendly, highly functional website that drives online sales on top of what the business sells in its physical locations. And with the evolving consumer behavior toward online retail, the business has a great opportunity for growth and expansion.  
   
Competition: The business has a great advantage in the local market. Its unique jewelry, which takes inspiration from the city of New Orleans, helps it stand out from the rest of its competitors. The business is also well position in the online market.  
   
Owner willing to train: The seller is willing to train for 10 weeks at no cost.  
   
Reason for selling: The seller is looking to retire.  
   
Seller Reference Number: 3353
BusinessMart.com Listing Number: 225024
 

 

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For more info contact:

Michelle Seiler Tucker

Seiler Tucker Inc.
504-525-1717

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