Jewelry and Repair Business for Sale in Lake Stevens

Custom Jewelry Sales and Jewelry Repair


Type of business: jewelry and repair, jewelry

This is a well established business. It has been at its current location for 16 years during which it has established strong relationships with its customers. There are no other jewelry stores within at least 10 square miles. It is located in an upper middle class neighborhood and in a prime location three doors down from a 24 hour Safeway, in one of the fastest growing counties in the U.S. The business renewed its lease in 2020 for another five years. It has a 4.3 star rating on Google after 44 customer reviews and a 5.0 star rating on yelp after 13 customer reviews.

Asking price

$450,000

Asking price includes equipment, steamers, polishers, benches and safes.

Key financial facts and forecast

Sales have been very consistent every year. The business has zero debt and is on track in 2021 to see a 20% increase in total sales over the previous best year. With the growth in Snohomish county the business expects to see at least a 10% increase in sales over the next 3 years.

Reason for selling

The owner is at retirement age. It's time to retire, sell the business and enjoy more quality time. There are no family members to take over the business.

Required buyer qualifications

Buyers must have proof of of access to sufficient funding and proof of prior experience in jewelry creation, jewelry repair and sales. Resume required.

Contact Seller


Category: Business | Jewelry and repair


Updated:

Located in Lake Stevens, Washington, US