Business Summary
Established for over three years, the jewelry brand and retail location boasts a long list of loyal affluent customers including celebrities (built up as a result of a consistent presence in major fashion magazines including Harper's Bazaar, Marie Clair, Cosmopolitan, etc.), diplomats, executives, and established business personalities. Located in the trendy Sanlitun shopping district in the heart of Beijing, the location attracts extensive local and national traffic, with potential for increased business by extending hours or increasing the range of products offered. The business also offers established relationship with several boutiques carrying the Brands Jewelry.
This is an excellent opportunity for an established jeweler to open a new branch, for a jewelry store employee to venture out on his/her own, or for an entrepreneur to invest in a location with existing market presence and cash flow. The store is in leased premises, tastefully furnished and decorated. Open 7 days a week, the store accepts credit card and cash payments, a very lucrative business.
The sale includes the brand and customer base along with exiting lease space and employee operations. Bulk inventory sale would be considered as a separate transaction. Media contacts, supplier contacts, extensive customer contacts, display cases and furnishings, office and work area furniture, and safes will be included in the proposed sale. Seller prefers to close prior to December 31st 2013. Any serious prospective buyer will be afforded plenty of opportunity to do necessary due diligence to make their own independent assessment of cash flow and SDE. Current lease is at a favorable rate, and if requested, can be extended prior to hand-over.
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