Description

This is an established store that has been providing diamonds, jewelry, wine, flowers, and other gifts for 38 years in the Midwest. It is conveniently located on the town's Main Street and is the only jewelry store in a 35-mile radius. Consolidated sales are a fairly predictable $750,000 per year, and EBITDA margins range from 7% to 10%. Four to six part-time staff are required to operate the store.

The owner seeks to retire and is willing to provide seller financing. Local banks and Economic Development are anxious to work with a buyer to keep a key, Main Street business open and to retain jobs in the area.

Posted Jul 19, 2016

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