Long Established Profitable Jewelry Store

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Call Us:

Boise: (208) 906-0237
Brea: (714) 987-6147
Fresno: (800) 622-0192
Irvine: (213) 737-4932
Los Angeles: (213) 737-4932
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Portland: 503-233-5505
Rancho Mirage: 800-622-0192
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Spokane: 509.443.4337
Stockton: (800) 622-0192

Category:
LA11436 - Miscellaneous

Location:
Southern California - Los Angeles County

Long Established Profitable Jewelry Store

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...


Asking Price: $195,000


Inventory (included):
$40,000

Real Property Available:
No

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Recast Earnings (Not Verified by Business Team)

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)

Operations

# 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:

Lease

Monthly Rent Including NNN:
$4,974

Expires:
July 2031

Option:
For 5 years

Size(sq.ft.):
1,260

Miscellaneous

Type of Organization:
C Corp

Reason for Sale:
Owner's Family Member Health

Training:
4 weeks 20 hours

Contact us About this Listing

Your Name
*Your E-Mail Address (Required)
Your Telephone
Business Team Office Nearest You

Call Us:

Boise: (208) 906-0237
Brea: (714) 987-6147
Fresno: (800) 622-0192
Irvine: (213) 737-4932
Los Angeles: (213) 737-4932
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Portland: 503-233-5505
Rancho Mirage: 800-622-0192
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Spokane: 509.443.4337
Stockton: (800) 622-0192

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.