Listing Number: 9953-790081
Description
An exceptional opportunity to acquire a turn-key jewelry store located in a highly sought-after, affluent area of Orange County, CA. This well-established business has been serving the community for 17 years and is a trusted and recognized name in the industry. Its enviable location near the beach in Orange County adds to the allure, attracting both locals and tourists seeking stunning jewelry pieces. In addition to jewelry sales, they also provide repair services and custom designed pieces.
This store is known for its honesty, integrity, and fair prices. Customers flock to the store for its large amount of high-quality inventory. The store has carefully curated an inventory that appeals to its clientele, ensuring a consistent flow of sales. In addition to the stunning selection of jewelry, the store boasts a dedicated and experienced team of employees who have been with the business for years. Their expertise and passion for the industry contribute to the store's exceptional customer service.
The current owner, after successfully running the business for nearly two decades, is ready to retire. This presents an exciting opportunity for a new owner to take over and continue the store's legacy. Whether you are an experienced jeweler or an entrepreneur with a passion for the industry, this turn-key jewelry store provides a rare chance to step into a thriving business with an established, recurring customer base and great value-added opportunities.
The average SDE over the last 3 years was $449k.
Optional $3.5 million in wholesale value inventory for sale.
$4.5 million sale price with inventory.
SBA Pre-Approved with a 10% down payment.
Listing Details
- Price: $ 1,500,000
- Down Payment: $150,000
- Sellers Discretionary Earnings: $ 449,066
- Total Sales: $ 1,909,781
- Location: Orange County, California
- Inventory: $ 3,500,000
- FF&E: $ 181,600
- Employees: 10
- Year Established: 1980
- Reason for Selling: Retiring
- Category: Jewelry
