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Description

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

 

Business Description – Retail Jewelry Business for Sale

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

 

 

Retail Jewelry Business for Sale

 

 

Industry Trends and Market

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.

 

Retail Jewelry Business for Sale –  Business Overview

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

Contact info

Pronova Partners

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