ORION REAL ESTATE

Main Offices: 630 1st Street South Waite Park, MN 56387 320-251-1177 Phone 320-251-1584 Fax

RETAIL JEWELRY STORE FOR SALE LOCATION: Central MN ESTABLISHED: In business for 28 years SIZE OF STORE:  1,800 SF LEASE:  $2,000/mo (incl utilities) LEASE TERM: Lease expires Aug 2012 with options to renew REASON FOR SELLING:  Retirement

Not actual photo HOURS: 10 – 6 Mon, Tue, Wed & Fri; 10 – 7 Thurs; 10 - 4 Sat; Closed on Sundays # OF EMPLOYESS: 3 FT 1 PT INVENTORY: Approximately $400,000 at cost. Inventory is clean & high quality. PRICE: $750,000 includes $400,000 of inventory. Price to be adjusted to reflect the actual amount of inventory at time of closing.

REMARKS: Here is a well established and high quality retail jewelry store located in a major central MN city. Mostly upscale jewelry and clientele, not a chain store. This is full service store offering all types of Jewelry sales, wedding rings, in house quality custom design services, watch repair and appraisals, etc. Fully staffed with qualified Gemologist and experienced goldsmith. Maintains a database of over 10,000 customers. Long time owner wishes to retire. Excellent opportunity for a knowledgeable jeweler to own their own business. Letter of Confidentiality required for all inquiries.