Listing ID : 2078602
Broker ID : SL3280549
Listed On August 23, 2024 68
Listing Updated August 23, 2024
Same owners, same location for 31 years. Owners wish to retire and are motivated to sell.
Live and work in a tropical paradise on the island of Siesta Key, Florida. This is a charming village within walking distance of the number one beach in the country. Miles of pristine white sandy beach attracting tourists from all over the world.
The village has over 100 shops, with a mix of restaurants, bars, hotels, boutiques and national tenants. This village comes alive after sunset with tiki bars, live music, karaoke, and great food. Roughly 6,000 local residents live on the island year round and over 350,000 tourists visit this village annually. There are three new hotels being constructed on the island and a new Tommy Bahama store & Alvins Beachwear store going in directly across the street from the jewelry store. Foot traffic on the island is increasing exponentially each year as more and more tourists discover this tropical paradise.
This is an outstanding opportunity for someone wanting to escape the cold weather up north and take one an established business with a tremendous upside. There are many things a buyer could do to take this store to a whole new level, that the current owners are not doing.
Purchase price includes $150,000 of finished Jewelry at owners cost, having a retail value of roughly $500,000. Also included is all repair equipment and leasehold improvements.
Contact Listing Owner
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