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Listed by Marcy Lindstedt of Century 21 Farm & Forest/Burke
If you're ready to be your own boss, this could be a wonderful start for the next chapter in your professional life. This well-established business in the heart of Newport City has seen continued success since it began 44 years ago. Now that the current owners are ready to retire, you can benefit from the exceptional reputation and loyal clientele they have earned. If you have a head for business, a love of jewelry, and enjoy working with the public, this could be the ideal opportunity. The store is located in a historic brick building on Main Street, tucked between Newport Naturals and the Goodrich Memorial Library. There's a total of 2,200 square feet, which includes the retail space, workshop/office space, kitchen, and ½ bath. An exposed brick wall and original tin ceilings provide warmth and character to the retail area. The owner feels confident the landlord would be willing to allow the buyer to continue renting the space. The price includes all display cases and security system, as well as the supplies, tools, and equipment used on the repair side of the business. Retail inventory will be determined at the time of sale and can range from $75,000 to $200,000. The owner will not train the buyer in the repair work; however, he is willing to continue to operate the store while a committed, invested buyer attends training. Since the store began, all sales have taken place in store, so there is the potential to increase business exponentially by creating an online presence.

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Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated May 17, 2022.

 

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