Long Standing Jewelry Store in Montrose Available for Sale
Retail Businesses for Sale
- Primary Category: Jewelry Stores for Sale
Take advantage of a rare opportunity to step into a long standing and profitable specialty jewelry store located in the heart of Montrose. The store is professionally merchandised, fully staffed and well positioned in a high traffic area on Westheimer.
This beloved store has cultivated a loyal customer base and has built a strong community presence over 40 years. In addition to its jewelry sales, a significant amount of revenue is generated each month as the "go to source" in Montrose for jewelry repairs. Customer reviews and tributes are excellent and well earned.
The founder and longtime owner is looking to retire but is committed to helping a new owner continue the success of his business. Favorable lease terms are in place and can be easily extended with a supportive landlord.
The sale includes approximately $300,000 of fresh, popular on-site inventory .
For more information contact Ron Spolane at 713 854-3481.
Financial Information
- $490,000 Asking Price
- $87,734 Cash Flow
- $622,713 Gross Revenue
- N/A Down Payment
- N/A Adjusted EBITDA
Business Location
- City: Houston
- State: Texas
Reason for Sale
- Retirement
Detailed information
- Year Established:
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: No
- SBA Prequalified: No
- Full-Time Employees: 1
- Part-Time Employees: 1
- Contractors: N/A
- Owner Worked Hours/w: N/A
- Inventory Included: Yes
- Inventory Value: $300,000
- Monthly Rent: $3,500
- Real Estate Available: Yes
- Real Estate Included: No
- Real Estate Value: N/A
- Building Size: 800
- FF&E Included?: Yes
- FF&E Value: N/A
Training/Support
- The Seller will provide training to the Buyer after the sale of the business on a schedule agreed to by both parties to ensure a smooth transition.
Real Estate Description
- Multi-tenant facility Lease expires 2027 Favorable lease terms are in place and can be easily extended with a supportive landlord
Business Listed by
Ron Spolane
Sunbelt of Houston - WestContact Business Broker
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