Rare opportunity to purchase a very profitable jewelry store in Western Canada. This business has been operating for 39 years and is a staple in the city, located in the heart of downtown. The owner is now ready to retire and has positioned the business for a seamless takeover with staff in place to successfully operate the store and owner will provide training.
The Jewelry business worldwide was valued at approximately $228 billion in 2020 and is forecast to reach a value of 307 Billion in 2026. In North America a 2019 “the big survey” report showed that only 5% of Retail Jewelry stores reached sales of more than $5 million, which puts this store in the upper echelon of Jewelry Retailers with sales of over $7 million.
Only Qualified buyers please.
