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

SOLD

Jewelery

Very Successful Jewellery Store for Sale-Established in 1950

Jewelery Toronto, ON

$455,000 CAD

Independent

Very Successful Jewellery Store for Sale-Established in 1950

Jewelery Toronto, ON

$455,000 CAD

Independent

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.

Toronto, ON Jewelery Business For Sale Details

Legal Body

Incorporated

Established In

1950

Last Year of Completed Statements

2020

Gross Revenue

$529,000

Annual Earnings

$125,000

Land/Building Included

No

% 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.

Buy And Sell A Business assumes no responsibility for the accuracy of any information shown.

More From Seller (45)
Annual Return On Equity Calculator

Annual Earnings:

$125,000

Liquid Cash Invested:

$

Borrowed Amount:

$

Interest on Borrowed Amount:

 

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