Jewelry Store Design & Repair
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Background
| BizEx ID: | BizEx346-SM |
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| General Location: | Northwest San Fernando Valley, CA |
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| Category: |
Jewelry Design and Sales
Jewelry Repair
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| Years in Business: | 8 |
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| Under Present Owner: | 5 |
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| Hours of Operation: | 10:30am-7:30pm |
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| Owner Hours: | 10:30am-7:30pm |
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| Training: | 4 weeks @ 20 hours |
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| Organization Type: | |
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| Lease Expiration: | 3/2012 |
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| Lease Options: | one 5yr |
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| Building Size: | 1,000 |
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| Employees: | 1 |
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| Reason for Sale: | Retirement |
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Financials
| Asking Price: | $89,950 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $176,854 |
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| Discretionary Cash Flow: | $101,851 |
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| FF&E: | $60,000 |
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| Inventory Included? | |
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| Inventory: | $400,000 |
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| Min. Operating Capital: | $5,000 |
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| Real Estate Available? | No |
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| Rent: | $3,450 |
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| Financing: | Call |
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|
2009 | 2008 | 2007 |
| Gross Sales |
$ 176,854 | $ 192,202 | $ 205,722 |
| Gross Profit |
$ 163,160 | $ 155,195 | $ 149,017 |
| Disc. Earnings |
$ 101,851 | $ 102,200 | $ 91,841 |
Shelli Margolin
Business Broker
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 128
Direct: 310-882-2200 x128
Lic#: 00902695
Arthur B. Kessler
Business Broker / M&A Advisor
100 Wilshire Boulevard
Santa Monica, CA 90401
Office: (310) 882-2200 ext 126
Direct: (310) 650-7900
Lic#: 01227004
OFF MARKET
