Woodruff Ave, Lakewood, CA 90713

  • $119,000
Woodruff Ave, Lakewood, CA 90713
  • Business Opportunity
  • Property Type

Overview

Property ID: SGR-23809214
  • Business Opportunity
  • Property Type

Description

Rare opportunity to a top rated full service jewelry store, that has been in business for 30 years. This beautiful store has a total space of 1,264 sqft and is located in a prime location with ample parking, high end, safe and busy traffic shopping center. Fully equipped, including in-house jewelry room. Boasts a 4.6-star Yelp rating and a loyal customer base. Central alarm system and large safe ensures security. Additionally, they made beautiful improvements cost about $155,000 to the store including security system, lightnings, walls, paints, floors …
Store provides almost full services from jewelry service to watch repair and create custom orders…From jewelry cleaning, repair, restoration, redesign, reshaping/ resizing, stone setting; also watch cleaning, part repair, seal testing overhaul, part replacement…
The sale includes: tool, machinery, office assets, showcases…
Current owners just opens 5 days a week, from Tuesday thru Saturday, 11AM to 5PM; year- end 2023, they generated $420,704 in revenue even though they closed 30 business days for 8 trips.
Inventories of $350,000 to be transferred to the buyer at its best and favorable price. Operating expenses are not much to compare with its generated income; all details of location, financial data to be provided to potential/ interested buyers.
The store has been established more than 30 years with stable income, long-term clientele returning for more services as well as growing more daily new clients.
Transferable lease for a seamless transition. Excellent growth prospects. Current owner will provide support to ensure for a smooth and successful transition.
Don’t miss out this turn key business! Contact us to seize this established and thriving opportunity!

  • Address Woodruff Ave
  • City Lakewood
  • State/county CA
  • Zip/Postal Code 90713
  • Area 28 - Lakewood City
  • Country United States

Details

Updated on February 6, 2024 at 1:00 pm
  • Property ID: SGR-23809214
  • Price: $119,000
  • Property Type: Business Opportunity
  • Property Status: For Sale
  • MLS#: PW24025525
  • Office Name: WINLAND REALTY & MORTGAGE, INC
  • Agent Name: Brenda Truong
  • MLS Status: Active
  • Co-Office Name: Winland Realty & Mortgage, Inc
  • Co-Agent Name: Lily Nguyen
  • Agent State License: 02099095
  • Co-Agent State License: 01841503
  • IDX Contact Info: brendat928@gmail.com

Additional details

  • County: Los Angeles

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