Long Established Profitable Jewelry Store
Los Angeles County, CA
| Asking Price: | $195,000 |
| Gross Revenue: | $618,845 |
| Rent: | $4,974.39/Month |
| Cash Flow: | $257,775 |
| Inventory: | $40,000 |
| Established Year: | 1989 |
Listing ID: 2252791Listing provided by BizBuySell
BUSINESS DESCRIPTION
This is a family owned and operated jewelry store established in 1989. It is located in a shopping complex on busy street with great foot traffic, offers general jewelry and custom designed pieces, also provides restored precious heirlooms with high quality jewelry and services at affordable prices. The business has been profitable through the years with owner only working 4 days a week and 6 hours a day. Owner has to sell due to family reasons and Seller Financing is available. Contact Listing Agent Wen and sign NDA for more details.
ATTACHED DOCUMENTS
DETAILED INFORMATION
Location
Los Angeles County, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,260
Lease Expiration
31/07/2031
Employees
2
Facilities
The store is equipped with security system for both store and safes and is located in a well maintained shopping complex with very safe enviornment.
Growth & Expansion
The store currently only do retail, new owner can increase sales by adding online sales and wholesale business.
Support & Training
Seller is to provide 4 week @ about 20 hours/week free training after Closing to help new owner transit.
Reason for Selling
Owner's family member health issues
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