Highly Profitable Upscale Jewelry Store
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Background
| BizEx ID: | BizEx880-DM |
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| General Location: | Santa Monica, CA |
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| Category: |
Retail
Jewelry Design and Sales
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| Years in Business: | 26 |
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| Under Present Owner: | 19 |
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| Hours of Operation: | 7 days |
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| Owner Hours: | varies |
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| Training: | None |
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| Organization Type: | |
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| Lease Expiration: | 2018 |
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| Lease Options: | 5 year option |
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| Building Size: | |
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| Employees: | 6 |
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| Reason for Sale: | want to spend more time with children |
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Financials
| Asking Price: | $2,000,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $1,231,359 |
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| Discretionary Cash Flow: | $415,481 |
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| FF&E: | |
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| Inventory Included? | |
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| Inventory: | |
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| Min. Operating Capital: | |
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| Real Estate Available? | No |
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| Rent: | $5,500 |
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| Financing: | Call |
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|
TTM 3/16* | 2014 | 2013 |
| Gross Sales |
$ 1,313,870 | $ 1,331,196 | $ 1,481,120 |
| Gross Profit |
$ 861,654 | $ 827,792 | $ 927,628 |
| Disc. Earnings |
$ 482,415 | $ 483,826 | $ 564,425 |
Dan Munter
Business Broker / M&A Advisor
4640 Admiralty Way, Suite 500
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 121
Direct: (310) 722-1138
Lic#: 01871136
Michael S. Davidson, CBI, CM&AP, M&AMI
President, M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 101
Direct: 310-882-2200 ext 101
Lic#: 01257681
OFF MARKET
