Well‑established retail jewelry and gold/diamond buying business in the Greater Grand Rapids, MI area available for acquisition. This business has an excellent reputation, strong repeat clientele, and benefits from a visible, high‑traffic location in a busy retail corridor.
Key highlights:
Longstanding presence in the market with strong brand recognition
Mix of revenue streams: retail jewelry sales, custom pieces, repairs, and gold/precious metal buying
Clean books and records, stable historical performance
Professional showroom with secure layout, display cases, and back‑of‑house workspace
Trained staff in place, providing day‑to‑day operations and customer service
Significant upside through expanded marketing, e‑commerce, and social media presence
Sale price is $400,000 for the business assets; inventory is not included in the asking price and will be sold at cost at closing.
Ideal for:
An existing jeweler or gold buyer looking to expand into West Michigan
An owner‑operator seeking a profitable, relationship‑driven retail business
A buyer interested in a recession‑resilient niche with strong margins
Interested parties must be able to demonstrate financial capability and will be required to sign a confidentiality agreement before receiving detailed information, including the exact location and financials.
Financial Information
$400,000
Asking Price
$200,000
Cash Flow
N/A
Gross Revenue
N/A
Down Payment
N/A
Adjusted EBITDA
Business Location
City:
Grand Rapids
State:Michigan
Reason for Sale
Retirement
Detailed information
Year Established:41
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 3
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:20
Inventory Included: No
Inventory Value:
$600,000
Monthly Rent:
$1,800
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 3000
FF&E Included?: Yes
FF&E Value: $40,000
Training/Support
• Negotiable training period (typically 30-90 days) with the seller on-site
• Comprehensive training on all aspects of operations
• Introduction to key customers, vendors, and suppliers
• Transfer of industry knowledge, gemology expertise, and jewelry repair techniques
• Training on custom design processes and manufacturing
• Precious metals buying and selling procedures
• Inventory management and sourcing strategies
• Financial and administrative systems
Facilities
occupies a professional retail suite in a high-traffic commercial corridor on 28th Street SE, one of Grand Rapids' busiest retail thoroughfares. The location provides:
• Excellent visibility and signage opportunities
• Ample parking for customers
• Easy access from major highways (US-131, M-6)
• Proximity to complementary retail, dining, and service businesses
• Safe, well-maintained building with professional management
Facility Features:
• Professional showroom with display cases and secure jewelry displays
• Customer consultation area for custom design and private transactions
Real Estate Description
• Excellent visibility and signage opportunities
• Ample parking for customers
• Easy access from major highways (US-131, M-6)
• Proximity to complementary retail, dining, and service businesses
• Safe, well-maintained building with professional management
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