Retail - Miscellaneous Retail | Retail - Apparel & Accessory Stores

Asking Price	$400,000	Inventory	$400,000**
Gross Income	$1,340,000	Real Estate
Cash Flow	$220,000	Year Established	1998
FF&E	$75,000*	Employees	5ft 4 pt

* included in the asking price

** not included in the asking price

This jewelry store represents a tremendous opportunity for a new owner. A person or company already in the industry will have a significant advantage because they will understand the industry and can concentrate immediately on operating the business. A designer wishing to own their own store will have even greater advantages and can emulate what already exists. Additionally, the sellers will be available to fully train a new owner. This business has been built up to a respectable sales level of $1.34 Million. This revenue stream should provide discretionary cash flow for a new owner of over $220,000. The store boasts a customer list of 3400 and there is a high repeat sales from this base. The high quality of the designers who display their jewelry in the store is also a considerable asset that contributes to the store s success. The employees are trained, experienced and loyal and have been another instrumental assets in making this a sought after business. Located in one of the country s most livable cities and being in a prime retail location are two intangibles that make being an entrepreneur in this community something special. This business is attractively priced at $400,000 plus inventory which will average $400k. CBI estimates an owner equity injection of $200,000 to acquire this great jewelry store.

Facilities: The business leases 1300 square feet in a prime retail district located in downtown Burlington s renowned Church Street Marketplace pedestrian mall. The space is tastefully decorated and has very attractive retail showcases that feature the various designers jewelry lines. The atmosphere is warm and inviting. Parking is street parking or nearby parking garages.

Competition: In the niche serviced by the business, there is one primary competitor. It is a part of a small regional chain and does not have an owner on premises. There are a number of mass merchandising jewelers in the area but they are not selling individualized jewelry like this store. This store has continued to prosper and grow even in a down economy.

Growth/Expansion: Increase the use of the 3400 customer list. Develop the web site as a more vital sales tool versus its current use as an informational resource. Expand the retail space by converting the lower office into a retail sales area. Continue to attract leading edge jewelry designers. Continue to increase the average sale price. Continue to develop sales to high end customers who will be repeat customers.

Financing: Seller will consider financing for a buyer, especially with industry experience.

Support/Training: The seller will provide initial transition support and is available for long term help .There are trained employees in place to operate the business. It is also very important to know that the owner one of the area s premier jewelry designers will continue to provide jewelry designs on the same basis as other designers.

Reason Selling: Semi-retirement.