Business Summary:
This established retail jewelry business specializes in high end sterling silver and cubic zirconia pieces that offer the look of luxury without the high price tag. Founded in 2008, the concept was built around serving customers who want style and quality at an affordable price. The model has been profitable since day one.At its peak, the company operated 12 casino based locations. After COVID, operations were streamlined and consolidated into one prime casino location that has been operating there since 2017. The store benefits from steady tourist and convention traffic, with no marketing expense required. Base rent is $9,000 per month with no percentage rent currently triggered. The space is approximately 350 square feet and efficiently run with three employees working one per shift. Staff are paid hourly plus commission.Inventory typically ranges from $80,000 to $100,000 at cost, with margins around 80 percent. The business has long standing supplier relationships with U.S. based offices connected to overseas factories. Sales are fully tracked through a retail system with detailed records maintained for years.This opportunity is ideal for an owner operator or family who wants a manageable retail store generating strong income, or for an investor looking to expand into multiple casino locations using a proven model.The seller is committed to a smooth transition, offering exceptional support and training. Additionally, the experienced and dedicated staff are willing to continue with the new owner, ensuring continuity and stability.For further details, including a confidential opportunity summary with financials and photos, please request more information using the form on this page. Upon request, a Non-Disclosure Agreement (NDA) will be promptly emailed to you. For a quick response to your inquiry, please email listing agent Trent Lee (RE# S.0183611.LLC; Business Broker Permit# BUSB.0006978) at [email protected].
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