What Ed Mays described as a “sudden career path change” has led to the decision to put the Gem Den jewelry store in Red-wood Falls up for sale.
Kyle Mays, Ed’s son, who had been running the Redwood Falls location, opted to leave town when his wife was unable to find employment.
So, they moved back to her hometown of Romeo, Colo.
There Kyle has purchased a liquor store.
Mays, who continues to operate the original Gem Den in St. James, said he is actively looking for someone to take over the local business, adding there have been some leads.
“The town can support a business like this,” he said. “It has been profitable for us since we opened it.”
Mays said that opening was a decade ago.
In addition to selling the business and a rent to own offer on the newly remodeled building, Mays said he is willing to offer consultant assistance to a pros-pective buyer. That includes a couple of weeks of jewelry repair training.
“This business would be ideal for someone living in the area who is looking for a turnkey op-eration,” said Mays. “This would be a great opportunity for someone who is looking to get into a small business.”
Mays said hours at the Redwood Falls store are going to be limited, as he plans on having hours of availability Tuesdays and Fridays from 9 a.m. until 5:30 p.m.
The inventory of the site has been moved to St. James, but he said those who have brought in items for repair are going to have that work completed.
Mays said he plans to keep the store open until March 30. By then he is hoping someone new has been found to help make a smooth transition of ownership.
Those who have questions about the operation or who are seriously considering the purchase of the local business may contact Mays at (507) 375-4755.