Ref # : 5655
For Sale By Owner $ 275,000
DeLong Studio has been operating for the past 30 years and has a loyal return customer base which accounts for 80% of sales. The owners are preparing to retire and are looking for someone to continue operating this creative business.
Listing price includes all inventory, display cases, storage, lighting and packaging. Everything needed to operate the business is in this asset sale. A new website was launched in the fall of 2020 with over 500 items listed. DeLong Studio has an active social media presence on Facebook with 680 followers.
The inventory is extensive, 3750 items. It is valued substantially below replacement cost, without even accounting for the travel, time and knowledge that went into their purchase. This is a lifestyle business featuring travel opportunities, creativity, flexible hours and seasonality. Training and assistance is offered to ensure continuity and transition for a successful operation.
✓ Business well-established in community
✓ Good margin levels
✓ Strong repeat customer business
✓ Sale includes all displays
✓ Ability to purchase extensive inventory at a value that is substantially lower than replacement cost
✓ Products sold are reasonably priced jewellery items, affordable to most consumers
✓ Established relationships with product suppliers in Canada, USA and Mexico
✓ Lifestyle business, perfect for buyer / couple who like to travel, enjoy jewellery and have some flexibility on store hours and seasonality
✓ Owner prepared to assist in transition support to buyer, both in the store as well as introductions to suppliers
✓ Financial information available and up to date
Facebook: DeLong Studio
- Business Information
- For Sale By : owner
Hours of Operation :
Tuesday to Saturaday 11-5
- Contact Details
- Contact Name : John DeLong
- Contact Email : email@example.com