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Retail Jewelry Business for Sale! – Established Jewelry Store in Affluent Area!
Location: Torrance, CA
Asking Price: $50,000
Inventory: Not included.
Real Estate: N/A
Total current asset included: $50,000
Gross Revenue: $1,556,492
Cash Flow: ($120,426)
Established: 2016 (purchased from a previous owner under a different name)
Employees: 4
Retail jewelry business located in Torrance, CA has been in the same high-visibility location for 10 years.
Store provides retail sales along with custom design & manufacturing and repairs.
Loyal customers follow the store manager known for representing a high standard of goods with unique designs at reasonable prices.
Leasehold improvements are in good condition.
The seller is selling all assets except inventory.
Facilities: The lease on the 2,800 sq.ft. stores is $11,000 per month and expires in Dec. 2018
There has been more discretionary spending in the last few years; in an already upscale neighborhood.
More people are treating themselves to a luxury lifestyle.
However, E-commerce lead by the younger generation has led to more online shopping.
Competition: Always competition in this upscale shopping district.
Growth Ops: Potential exists for those who can enhance social media and invest in advertising.
Financing: No seller financing. Support & Training: 2 weeks at 10 hours per week.
Reason for Selling: Owner wants to focus on other business interests.
NDA required for disclosure of location and receipt of CIM
OFF-MARKET-Retail Jewelry Business for Sale
