Jewelry Store for Sale in Athens, Greece
For Sale: Established Glyfada jewelry store with 30 years of industry presence and loyal clientele.
Premium Plan
| Established | 30-40 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 930 thousand |
| Run Rate Sales | USD 940 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | Jewelry Stores |
| Locations | Athens |
| Local Time | 6:25 PM Europe / Athens |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
680 thousand
(Native Currency: EUR 580,000)
Reason: The owner is seeking a strategic exit from the retail business to transition into wholesale jewelry.
Includes physical assets worth
USD
116 thousand
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Business Name
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Business Overview
- Established jewelry store in Glyfada with a 30-year legacy, catering to affluent local and international clientele, especially during peak summer months.
- Offers a curated mix of local and international luxury jewelry, supported by an established global supplier network aligned with upscale customer preferences.
- Maintains an active and growing client list, with strong demand during festive and summer seasons, where most sales are driven through the physical retail outlet.
- Average ticket size ranges between €1,000–€2,000, reflecting a premium customer base.
- Strong digital presence with an e-shop integrated with an ERP system for real-time and synchronized pricing updates.
- Engages in active advertising and sponsors golf events, enhancing brand visibility among high-net-worth individuals.
- Operates with two permanent employees, supported by temporary staff during peak periods, while customization and logistics are outsourced.
- All jewelry is certified, and the business holds the necessary operating permits.
- Offers a curated mix of local and international luxury jewelry, supported by an established global supplier network aligned with upscale customer preferences.
- Maintains an active and growing client list, with strong demand during festive and summer seasons, where most sales are driven through the physical retail outlet.
- Average ticket size ranges between €1,000–€2,000, reflecting a premium customer base.
- Strong digital presence with an e-shop integrated with an ERP system for real-time and synchronized pricing updates.
- Engages in active advertising and sponsors golf events, enhancing brand visibility among high-net-worth individuals.
- Operates with two permanent employees, supported by temporary staff during peak periods, while customization and logistics are outsourced.
- All jewelry is certified, and the business holds the necessary operating permits.
Products & Services Overview
- The business specializes in fine 18K diamond jewelry sourced from international creators, along with custom-made pieces developed through an established global supplier network.- Primarily serving affluent local residents and international visitors in Glyfada.
Assets Overview
Physical assets include a reinforced storefront with double-door controlled access (€25,000), passive and active security systems (€15,000), a safe (€10,000), showcases (€20,000), specialized lighting (€10,000), and a fully decorated, ready-to-move-in retail space setup (€20,000), with a total value of €100,000.Intangible assets include a domain, e-commerce platform, and an ERP system integrated for synchronized price updates online and in-store via tablets for salespeople.
Facilities Overview
Operating from a 45-square-meter store in a prestigious shopping mall in Glyfada on the Athens Riviera, featuring a high ceiling with an office upstairs. Monthly rental of €3,500, with the lessor’s preference for jewelry store use.
Capitalization Overview
- Self-funded.- No outstanding loans or liabilities.
- Sole owner.
Recent Activity
-
Earlier than 15 daysProprietor, Tile Manufacturer, Athens, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysCorporate Finance Manager, Limassol, Financial Consultant connected with the Business
Tags:
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·Buy Jewelry Store in Athens, Greece
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·Jewelry Store for Sale
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