Current Use by Public Records
- Retail properties & Spaces
Property Details for 0 Retail Gemstone Store
- Property type
- Retail properties & Spaces
Description
This exceptional opportunity presents the acquisition of a well-established gemstone retail store in the vibrant downtown area of Delray Beach, Florida. Located at 33483, this business enjoys a high-traffic location, benefiting from significant tourist activity and local clientele. The asking price is $700,000 for this turnkey operation, which includes a substantial inventory of precious gemstones valued at $4 million. These gemstones are sourced from around the world, with a notable concentration from Brazil. The business demonstrates strong financial performance, with annual sales averaging $1.3 million and a healthy net profit margin of approximately 35%, showcasing its consistent profitability and stability. The growing gemstone market presents significant potential for expansion, including participation in national and international trade shows. This presents a unique opportunity for a buyer seeking a profitable, established business in a desirable location. Furthermore, the business is pre-approved for SBA financing, simplifying the acquisition process. There is also the potential for obtaining an E2 visa; however, interested parties should consult with their immigration attorney for further details regarding visa eligibility. This is a rare chance to own a thriving retail business in a sought-after Florida location.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Delray Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0591
- Latitude
- 26.4671
