Published on:
Saturday, July 20, 2024 9:01:41 AM
Updated on:
Tuesday, July 23, 2024 8:00:32 AM
About the Lister
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Quick Glance
Listing ID:
BZ-California-11064
Status:
Accepting Offers
Year Established:
1999
Available for Sale:
No
Owner Financing Available:
No
Assets Or Equipment:
No
Inventory Included In Price:
No
Inventory Value:
0
Offered as Millionaire Club:
No
Remaining Lease Years:
0
Net Operating Income:
$0
No. of Options Available for Lease:
0
Years Available for the Lease:
0
Employee Count:
0
Training Duration:
0
Not Specified
Is Existing Franchise:
No
Listing Summary
Take advantage of this exceptional opportunity to own a well-established jewelry store in the heart of Simi Valley. Operating since 1999, this business has built a stellar reputation and a loyal customer base of over 4,000 clients
Business Description
Prime Location: Situated in a busy area with high foot traffic. Size: 1,600 sq. ft. of retail space, in current location for the past 2 years. Customer Base: Extensive database of over 4,000 clients. Lease: Affordable rent at $4,600/month, including $1,200 NNN. Lease terms include 3 years remaining with an option for an additional 5 years. Operating Hours: Open 5 days a week, Tuesday to Saturday, from 10 AM to 6 PM. Staff: Experienced team consisting of 2 part-time employees and 1 jeweler, plus the owner. Inventory: Inventory valued at $250,000 (at cost) is available in addition to the purchase price. Financials: Gross sales ranging from $20,000 to $25,000 per month, with a net income of approximately $8,000 per month.