Dec 14, 2024 | Business Valuation, Buying a Business, Jewelry Store
Buying a jewelry store can be a great investment. In 2024, the jewelry store industry’s revenue reached $76 billion according to IBIS World. Investing in a jewelry store business can be very profitable as they can offer steady sales. This is especially true with...Read More »
Jul 9, 2023 | Business Appraisal, Business Valuation, Jewelry Store
The jewelry industry has struggled to increase revenue and profit levels over the past several years. This is a result of various factors including extreme competition and rising gold and silver prices. Moving forward, we can expect these conditions to improve....Read More »
Aug 5, 2022 | Business Appraisal, Business Valuation, Jewelry Store
While jewelry stores initially took a hit at the start of the pandemic, that soon changed. Because people were not spending money on travel, they started spending money on jewelry. This increased the demand for jewelry at rapid rates. With the jewelry industry being...Read More »
Jul 10, 2022 | Jewelry Store, Valuation Multiples
The jewelry store industry includes businesses that sell new jewelry, new sterling and plated silverware, and new watches and clocks. These businesses in addition to selling new jewelry may also provide engraving or repair services. In the United States, there are...Read More »
