Category:
LA11436 - Miscellaneous
Location:
Southern California - Los Angeles County
Business Description:
This is a mum-and-pop jewelry store established in 1989 located in a shopping complex on busy street with great foot traffic, offers custom designed pieces and restored precious heirlooms with high quality jewelry and services at affordable prices. The store has onsite repair services for jewelries and watches. Has been profitable through the years with 60%+ return or referred customers. Owner has to sell due to family reasons. Turn Key business and easy to run - the sale includes 40K inventory at cost, good security system installed and tenant improvement/fixtures...
Inventory (included):
$40,000
12 Months Ended
5/31/2024
$618,845
(Sales)
$257,775
(Adjusted Cash Flow)
12 Months Ended
12/31/2023
$431,363
(Sales)
$65,718
(Adjusted Cash Flow)
12 Months Ended
12/31/2022
$409,466
(Sales)
$44,582
(Adjusted Cash Flow)
12 Months Ended
12/31/2021
$315,630
(Sales)
$24,671
(Adjusted Cash Flow)
| # of Employees | Full Time | Part Time |
| Non-Owners | 1 | 1 |
| Owners | 1 | 0 |
Hours of Operation
Tuesday - Thursday: 11am - 5:00pm
Friday, Saturday: 10am - 5:00pm
Licenses Required:
Monthly Rent Including NNN:
$4,974
Expires:
July 2031
Option:
For 5 years
Size(sq.ft.):
1,260
Type of Organization:
C Corp
Reason for Sale:
Owner's Family Member Health
Training:
4 weeks 20 hours
Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.