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 the 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 "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.
Contact Ian Thompson C.B.B.: Only qualified buyers, please.
