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Retail Jewelry Store In Canada For Sale

Canada
Retail business
Company Data
Price
$62.0M
27%
Revenue
$7.5M
Top 10%
Profit
$2.0M
31X
Business Overview
About the Company
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.
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