Highly Profitable Upscale Jewelry Store

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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




Dan Munter
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
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
4551 Glencoe Ave., suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 101
Direct: 310-882-2200 ext 101
Lic#: 01257681

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