Profitable Upscale Jewelry Store in Santa Monica, CA
Home / Listing / Profitable Upscale Jewelry Store in Santa Monica, CA
This listing is: Off Market
Background
| BizEx ID: | BizEx880-DM |
|---|---|
| General Location: | Santa Monica, CA |
| Category: |
Retail Jewelry Design and Sales |
| Years in Business: | 26 |
| Under Present Owner: | 19 |
| Hours of Operation: | 7 days |
| Owner Hours: | varies |
| Training: | None |
| Organization Type: | |
| Lease Expiration: | 2018 |
| Lease Options: | 5 year option |
| Building Size: | |
| Employees: | 6 |
| Reason for Sale: | want to spend more time with children |
Financials
| Asking Price: | $2,000,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $1,231,359 |
| Discretionary Cash Flow: | $415,481 |
| FF&E: | |
| Inventory Included? | |
| Inventory: | |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | $5,500 |
| Financing: | Call |
| 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 |
