Long Established Watch & Jewelry Service & Repair

Not Disclosed, CA
Los Angeles County

Northern LA County

Asking Price: Annual Revenue:
$139,000 $279,761

Retail: Clothing & Accessories

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RE: Long Established Watch & Jewelry Service & Repair Broker: Chris Ververis
License #: 02066622
Owner Financing is Available!
$120,000 down, balance to be carried over 24 months @ 6% interest.

Quick Facts

Asking Price: $139,000
Annual Revenue: $279,761
Net Profit: $83,112
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 1998
Employees: 2
BBN Listing #: 40885142
Broker Reference #: 140-00044

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Business Overview:

Excellent opportunity to buy a turnkey jewelry service center! A Long-standing chic watch and jewelry service center that offers retail jewelry and provides all jewelry repairs. This store has been in business since 1998 and has a very loyal customer base built over its long history. This business has a fantastic reputation! All 5 Star Google, Yelp, and Square Reviews! Seller has over 25,000 people in data base. Located in a convenient popular shopping center with great visibility. Seller is offering some financing to qualified buyers. Hurry on this one as it won't last long! Contact Chris Ververis today or use this ad’s email reply for a confidential business profile.

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Property Features and Assets:

This is a leased location of 1,213 square feet with a Total Rent of $6,200. Lease ends 10/2023 with a one 5 year lease option. Seller is active in the business with 1 Full Time employee and 1 Part Time employee. Hours of operation are 10 AM to 6 PM Monday - Friday and 10 AM to 5 PM Sat. $25,000 in Inventory and $25,000 in FF&E included in Asking Price. $12,000 made in Leasehold Improvements.

Reason for Selling:

Seller pursuing other business venture.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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