Established Jewelry Store For Sale in Metairie, Louisiana

Undisclosed Address, Louisiana
Business Opportunity for Sale
Catylist Listing ID: 30738734
Property Subtypes: General Merchandise
Building Size (RSF): 1,000 SF
Sale Price: $285,000
Year Business Established: 1987
Gross Revenue: $360,000 (Annual)
Cash Flow: $87,000 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Last Updated: 10/16/2021

Overview / Comments

Principle Business Advisors presents this well-established jewelry store for sale in Metairie, Louisiana. The business has been in operation for 33 years and the owner is looking to sell so that he may enjoy retirement. The business has excellent frontage with plenty of parking on a high-trafficked thoroughfare. The owner is prepared to train a buyer on this easy-to-operate business. The store has multiple streams of income. The current owner believes that the business would benefit from an online presence which it currently does not have.

Come check out the space, meet the owner and make an offer!

Contact the listing broker, Joel Duran, at (504) 313-1038 for more information.

Additional Details

Industry Segment: Other General Merchandise
Reason for Selling: Retirement
Value of Inventory Included ($): $100,000
Value of Furniture, Fixtures, and Equipment ($): $50,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: Rent is $1,400 a month with a $1,400 security deposit. The current lease is set to expire in April 2025.
Employee/Labor Description: Full-time: 0 Part-time: 1
Mgmt/Training Support Description: There will be a two week training period and then after that the owner will be available by phone as needed.

Contact

Photograph of Listing Agent

John Sanderford

John Sanderford & Associates, LLC Metairie, LA 70055
LACDB Member
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