Gold smithing Retail Studio/Gallery Waterton Lakes National Park Alberta Just Added
Waterton Lost Art Jewelry by Daniel Sommerfeld is for sale. The price includes a leased prime retail location in the townsite of Waterton Lakes National Park with the lease hold improvements, a two bedroom heritage house in Cardston Alberta with a gold smithing studio and a single attached garage. The Business was established in Waterton in 1998 by Daniel Sommerfeld who has been in business since 1981. We specialize in hand fabricated jewelry designed with the influence of nature and the infinite variations possible with hand fabricating techniques. The business has a strong demand from return clients along with exposure to high end jewelry demanded from the unique tourists from around the world. With the purchase of the business the owner can remain with the business to assist the new owners with developing the unique skills required to create the unique world class jewelry that sells to make this business worth while. The skills required to make this enterprise lucrative, are 1. Artistic abilities, 2. Hand fabricating jewelry making skills at a world class level, 3. Lapidary skills, faceting, Cabochon cutting, stone carving, and most of all Ammolite processing and cutting for Ammolite Gemstones. 4. The ability to combine all these skills to create unique high end 18 karat gold and platinum jewelry using Ammolite accented with Canadian Diamonds and other coloured precious and semi precious gems. This is a seasonal retail location from May long weekend to Thanksgiving. Being open 7 days a week is necessary to maximize sales voilume. I have been open two to three days a week during the 2026 season as I have been practicing part time retirement. We are negotiable in the terms of the business purchase agreement, pertaining to what you wish to purchase, ie: which business assets, goodwill, house, acreage, inventory, tools and machinery, etc. This business to be the most successful requires full time work, a good selection of 200 unique hand fabricated pieces of jewelry for sale and the ability to accept high end orders that usually I produce in the off season as during the open season I am busy running the business. Ideally two partners would operated the business in two shifts each day to maximize the sales opportunities. The projected sales for the year ending September 2027 is $430,000.00 with a team of two operating the seasonal location 56 hours a week. This is based on the conversion from current sales of $115,000, with the seasonal location open 15 hours a week, with the same amount of time spent at the business the rest of the year. Historically the profit margin has been 75% not including labour costs. The retail location consists of 150 square feet of prime retail space, with a lease of $3500 annually. A monitored Security system is in place withe tree cameras. This is a very rewarding business opportunity and i will be available to help the new owners be successful. May long weekend to Thanksgiving Monday through Sunday 9am to 6pm with an hour for lunch break.
Ref #
7438
For Sale By
Owner
Contact Name
Daniel Sommerfeld
Listing Id #
7438
Contact Email
Contact Phone
4033948787
Hours Of Operation
May long weekend to Thanksgiving Monday through Sunday 9am to 6pm with an hour for lunch break.
Financials
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