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Retail

Jewelry, Gemstones, Beads, Art, Rare Gifts And Ear-Piercing

Schaumburg, IL, USA
Listed 35 days ago

Operating for over 30 years, this is an exceptionally rare opportunity to acquire a long-established specialty retail business with a rich history, significant customer goodwill, and a highly distinctive combination of jewelry, gemstones, jewelry-making materials, art, unique gift items, professional ear-piercing services, and the sale and repair of watches. For many years, the business has been a destination for customers seeking finished jewelry, rare and unusual gemstones, beads, jewelry-making components, and professional ear-piercing services. Its extensive and carefully curated inventory distinguishes it from a conventional jewelry retailer and provides the business with multiple, complementary customer segments. One of the business's most distinctive assets is its extensive selection of jewelry-making materials, including the beads, components, findings, and related supplies used to create necklaces, bracelets, earrings, and other custom jewelry. The depth of this assortment appeals to hobbyists, artists, designers, collectors, and customers creating one-of-a-kind pieces, while also generating a strong reason for repeat visits and ongoing customer engagement. Equally compelling is the business's exceptional collection of gemstones and natural stones, including uncommon, unusual, and difficult-to-source specimens acquired from a wide range of sources around the world. The inventory encompasses materials that can appeal to jewelry designers, collectors, gemstone enthusiasts, and customers seeking stones that are not readily available through conventional retail channels. This combination of rare gemstones and an extensive jewelry-making assortment creates a particularly differentiated retail concept. Customers can discover individual stones and materials, select complementary beads and components, and create highly personalized pieces, while also accessing finished jewelry and professional services within the same business. The ear-piercing component provides an additional service-based revenue stream and brings a broad range of customers into the business, creating opportunities for cross-selling jewelry and other products. Beyond the extensive physical inventory, the business possesses significant institutional knowledge, accumulated goodwill, customer relationships, and specialized product expertise developed over many years. Its reputation and depth of inventory are a huge plus and stand alone in its industry. For an entrepreneurial buyer or strategic acquirer, the business also presents meaningful opportunities for expansion. Potential growth initiatives could include e-commerce, improved digital merchandising, online sales of beads and jewelry-making materials, expanded gemstone marketing, social media and educational content, jewelry-making workshops, custom-design services, collector-focused offerings, and continued development of the ear-piercing and related operation. The opportunity is distinguished by the unusual combination of history, reputation, extensive inventory, rare and globally sourced gemstones, comprehensive jewelry-making materials, finished jewelry, and service offerings. It represents an opportunity to acquire an established specialty retail platform with a loyal customer base and numerous avenues for future growth. There is a significant amount of inventory available in this sale, from one hundred thousand ($100,000) to as much as nine hundred thousand ($900,000). A buyer can determine how best to structure the inventory purchase at a level that meets their interests and needs during the offer process.

Location

West suburban town, with a great downtown retail setting.

Employees

2

Lease Terms

2050 per month

Real Estate

Lease

Relocatable

This business can be relocated

Trading Hours

Tuesday – Friday: 10:00 AM – 6:00 PM; Saturday: 10:00 AM – 5:00 PM; Sunday & Monday: Closed

Leasehold Rent

$2,050 per annum

Management Type

This business is owner operated.

Premises Details

Nice, well-equipped retail storefront with several display cases and service counters. There is also a watch repair area and a jewelry repair area. Plus a separate piercing room.

Years Established

32

Support & Training

As much as needed and agreed during the purchase and sale process.

Expansion Potential

Potential growth initiatives could include e-commerce, improved digital merchandising, online sales of beads and jewelry-making materials, expanded gemstone marketing, social media and educational content, jewelry-making workshops, custom-design services, collector-focused offerings, and continued development of the ear-piercing and related operation.

Competition / Market

This really is a one-of-a-kind business with very unique offerings.

Inventory / Stock Value

$100,000

Reason for Selling

Retire

Financials

Asking Price
$380K
RevenueMost Recent Year
$351K
Earnings (SDE)Last Reported
$169K
Assets ValueIncluded in Asking Price
$25K
Seller Financing
Not available

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