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Cuyahoga County, Ohio
NE OH Gem - Trusted Custom Jeweler - Retail, Estate & Gold Buyer
Asking Price
$490,000
Revenue
Call/Email
Down
$490,000
Cash Flow
Call/Email
Name: Gary Sardon
Name
Gary Sardon
Description
The business operates from a highly visible retail location and benefits from a long-established presence within the community. Revenue is generated through multiple complementary streams, including retail jewelry sales, estate and vintage jewelry, custom design work, and gold buying services. The company’s trusted reputation, experienced ownership, and established marketing footprint position the business as a turnkey opportunity for an owner-operator, jeweler, investor, or industry buyer seeking an established platform with recognizable market presence.
The business offers several opportunities for future growth through expanded digital marketing, social media engagement, and e-commerce capabilities designed to reach younger and broader customer demographics. Increasing emphasis on custom jewelry design, estate jewelry sales, and online inventory marketing could significantly expand revenue while leveraging the company’s already established local brand recognition.
Additional upside may exist through expanded buying programs for gold, estate jewelry, and luxury items during favorable precious metal markets. A future owner could also explore reintroducing licensed pawn-related services or collateral lending operations if desired, though the current owner intentionally shifted focus toward a more traditional jewelry retail and gold-buying model. The company’s strong reputation, longstanding advertising presence, and loyal customer base create a solid foundation for continued growth and expansion.
https://tworld.com/locations/Ohio/clevelandmetro/listings/NE-OH-Gem-Trusted-Custom-Jeweler-Retail-Estate-Gold-Buyer
Business Details
Year Established:
1988
Employees:
2
FE&E:
$80,000
Reason for sale:
Owners Retiring
Lease & Tenant Information
Lease Options:
$2,480
Other Information
Listing Number:
022822-810818
Sales:
$686,075
Seller's Discretionary Earnings:
$217,950
Inventory:
$109,575
Posting Information
Posting ID:
ID tw:72199 / Listing Number 022822-810818
Business Category:
Jewelry, Financial Related
Keywords:
Transworld
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Posting Title
NE OH Gem - Trusted Custom Jeweler - Retail, Estate & Gold Buyer
Posting ID
#*4f25b71bf80b1ae3c9631c81a097d24c*72199
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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