High Fashion Costume Jewelry Store in Lakewood-Howell Community

Listing Number: 189597-271493

Description

Jewelry store selling fashion costume and gold-plated jewelry. Owner has over 50 years of retail experience and is an expert in buying fashion forward merchandise. Sale includes full store of fresh jewelry (worth 45k) that she handpicked piece by piece. Owner wants to move away from the day-to-day operations of the store (to spend more time with her grandchildren) but would be happy to stay on to help with the buying. Store is open from Sunday-Thursday 10am-6pm (closed for Shabbos and all Chagim!) The owner currently works 2 days/week. There are 2 experienced salespeople in place who were trained by the owner for many years. The store is beautifully set up with mahogany showcases and LED lighting worth over 20k. All inventory and showcases are included in the sale. Rent is only $1,200/month. Payroll is only $580/week + commission. Store has a stellar reputation in the Frum community with many repeat customers who won’t shop anywhere else. With a small amount of advertising, sales can easily grow.

Listing Details

• Price: $75,000
• Down Payment: $75,000
• Sellers Discretionary Earnings: $32,099
• Total Sales: $133,067
• Location: Monmouth County, New Jersey


• Inventory: $45,000
• FF&E: $9,000
• Employees: 2
• Year Established: 2013
• Reason for Selling: Retirement
• Category: Jewelry