Jewelry and Jewelry Repair Business

Pacifica, CA

Seller Financing Available

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Asking Price:$169,000
Gross Revenue:$272,897
Rent:$3,500/Month
Established Year:1990
Cash Flow:$102,548
Inventory:$70,000
FF&E:$30,000
BUSINESS DESCRIPTION

Jewelry Business in Large shopping center in Pacifica

Benefits:
1. Business established over 30 years in major shopping center on Pacific Coast Area
2. Business is only open 4 days a week closed Sunday, Monday and Tuesday open 10 pm to 5 pm
3. Gross sales in 2022 $272,897 with a cash flow of $102,584 on P & L for 12 Mos. Ending 12-31-2022
4. Interior space was repainted and upgraded 5 years ago.
5. Owners retiring after over 30 years in the business.


DETAILED INFORMATION
Location
Pacifica, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
972
Lease Expiration
31/01/2025
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
It operates in a space of 972 sq.ft. divided into the retail showroom. repair shop, small office and storage room situated in a large shopping center close to anchor stores.
Competition
Limited competition in the area.
Growth & Expansion
This is a specialized business with retail and repairs, which has limited competition for this reason. It's difficult to open this type of retail without specific knowledge of these items and repairs.
Financing
Depends on buyer
Support & Training
Yes, a minimum of two weeks. There could be a consulting agreement with the sale. Sellers live close to the business, and will be available for any assistance or consulting.
Reason for Selling
They are retiring after 32 years in this business.

BUSINESS LOCATION
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Angelo
Izzo
California Business Opportunities
Angelo Izzo