Long Standing Jewelry Store in Montrose Available for Sale

Houston, Harris County, Texas, United States

Asking Price$595k

Revenue$623k

EBITDA-

Cash Flow$88k

Description

Take advantage of a rare opportunity to step into a long standing and profitable specialty jewelry store located in the heart of Montrose. The store is professionally merchandised, fully staffed and well positioned in a high traffic area on Westheimer. This beloved store has cultivated a loyal customer base and has built a strong community presence over 40 years. In addition to its jewelry sales, a significant amount of revenue is generated each month as the "go to source" in Montrose for jewelry repairs. Customer reviews and tributes are excellent and well earned. The founder and longtime owner is looking to retire but is committed to helping a new owner continue the success of his business. Favorable lease terms are in place and can be easily extended with a supportive landlord. The sale includes approximately $300,000 of fresh, popular on-site inventory . For more information contact Ron Spolane at 713 854-3481.

Real Estate

Rent is $3,500 per month

Building Size: 800 sq. ft.

Inventory

$300kIncluded in Asking Price

Number of EmployeesFull-Time: 1Part-Time: 1

Reason Selling

Retirement

Support & Training

The Seller will provide training to the Buyer after the sale of the business on a schedule agreed to by both parties to ensure a smooth transition.

Asking Price$595k

Learn MoreAfter inquiring the broker will reach out to you to discuss the next steps.