Published on: Saturday, July 20, 2024 9:01:41 AM
Updated on: Tuesday, July 23, 2024 8:00:32 AM
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About the Lister
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Name: Houmehr ¨Mike¨ Panoussi
Company: Liberty Business Advisors
Office Phone: 661-816-1141
Cell Phone: 661-816-1141
Provide Your Service
Financing  Business  Material
  Thriving Jewelry Store with Established Clientele
Simi Valley California , 93063
Simi Valley California                                                                                          , 93063Liberty Business Advisors
Listing ID: BZ-California-11064

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Commission Split (%): 0
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
Complete Details
Year Established: 1999
Training Duration: 0 Not Specified
Existing Franchise?: No
Training Required: No
No of Options Available for lease: 0
Remaining Lease Years: 0
Property Available for Sale?: No
Owner Financing Available?: No
Real Estate Included?: No
Total Employee: 0
Years Available for Lease: 0
Inventory: Yes
Inventory Value: 0.00
Inventory Price Included in Asking Price?: No
Assets or Equipment?:
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.
Additional Properties
Property Highlights
  • Spotless Clean: Introducing a brand-new RO (Reverse Osmosis) System for Spot-Free Water, enhancing customer satisfaction.
  • Crystal Clear: Implementing the FREYLIT Water Clarifier Filter System EKOLIT 200 MF, ensuring unparalleled water quality.
  • Top-of-the-Line: Upgrading to the RYKO SoftGloss MAXX 5 Rollover Machine for the Automatic Tunnel, elevating wash quality and efficiency to new heights.
  • Asking price $125,000 + Inventory
Listing Address
Listing Documents
  • Download | Jewel Time Info Sheet.pdf ( 632.89KB)
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