Renowned Jeweler with Original Designs in an Exclusive Brentwood Location

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Background

BizEx ID:BizEx121-ML
General Location:Los Angeles, CA
Category: Jewelry Design and Sales
Jewelry Repair
Years in Business:37
Under Present Owner:37
Hours of Operation:Mon-Sat; 11AM-6PM
Owner Hours:Mon-Sat; 11AM-6PM
Training:3 weeks @ 30 hours
Organization Type:
Lease Expiration:1/2011
Lease Options:
Building Size:
Employees:1
Reason for Sale:Retirement

Financials

Asking Price:$150,000
Down Payment:Negotiable
Gross Sales:$113,852
Discretionary Cash Flow:$1
FF&E:$45,000
Inventory Included?
Inventory:$0
Min. Operating Capital:$9,000
Real Estate Available?No
Rent:$3,872
Financing:Call




Miles M. Logothetis
Business Broker / M&A Advisor
4551 Glencoe Ave., suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 105
Direct: (310) 919-7477
Lic#: 01406738

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations