Jewellery Business For Sale in Toronto, ON (Listing ID: 2581)

SOLD

Very Successful Jewellery Store for Sale-Established in 1950

FINANCING AVAILABLE- Consistent and predictable revenues for years, and a
23% EBITA/SDE - this business will sell fast. The seller will also provide financing via a Vendor Takeback Loan.

Since 1950 this very well-run jewellery store has been serving its large customer base from its main location in southern Ontario, Canada. The stores main business activities are comprised of in-store jewellery sales, custom design, and jewellery repairs.

The store is the premier jeweler in the area and is entrenched as the number 1 jeweller. The business is well run with documented systems and processes and long-term staff on board.

This is a fully turnkey operation, and the existing owners will provide full training for the new owners. It has developed an enduring reputation for its varied and high-quality inventory and has a strong customer base of repeat customers and first-time visitors who are attracted to its outstanding lines of products.

Steady revenues and excellent growth potential make this an opportunity that should not be missed.

Jewellery

Toronto, ON

$455,000 CAD

Toronto, ON Jewellery Business For Sale Details

Independent

Legal Body:

Incorporated

Established In:

1950

Last Year of Completed Statements

2020

Gross Revenue:

$ 529,000

Annual Earnings:

$ 125,000

Land/Building Included:

% of Business Selling:

100%

Reason for Sale:

Retirement

Financing Available:

Yes

Buyer does not need to have experience owning & operating a business or franchise.

Buyer does not need specific industry experience.

*DISCLAIMER: BuyAndSellABusiness.com assumes no responsibility for the accuracy of any information shown.