Price:
$
595,000
Long Standing Jewelry Store in Montrose Available for Sale
Long Standing Jewelry Store in Montrose Available for Sale
Housten, Texas
$
595,000
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.
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Property Types
Listing Details
Long Standing Jewelry Store in Montrose Available for Sale
Location:
Housten, Texas
Down Payment: $ 59500
Reason for Selling:
Retirement
Gross Revenue:
$
623000
Cash Flow:
$
88000
Part-Time Employees:
1
Full-Time Employees:
1
Inventory Included:
Yes
Inventory Value:
$
300000
Monthly Rent:
$
3500
Disclaimer: The numbers are current estimates and are subject to change.
Business 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.
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