Highly Profitable Upscale Jewelry Store

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Business Description

Voted by a trade publication as "one of the coolest stores in America", this boutique is located in the west part of Los Angeles surrounded by wealthy areas such as Santa Monica, Brentwood and Malibu.

The store has been around for over 26 years. It continues to be very profitable with unusually high profit margins. It has very loyal clientele and a reputation for being a premier shopping destination for fashion-forward accessories, showcasing everything from one-of-a-kind baubles to modern staples, to their expertly-curated house line.

The expertise of the staff has allowed the owner to work on an average of 2 days/week.

Please contact Dan Munter at 310-882-2200 ext 121 or dmunter@bizex.net for more information. For quicker response, register and complete the Confidentiality Agreement at www.bizex.net

About the Business

Year Established:
1989
Number of Employees:
3FT; 2 PT
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About the Sale

Reason For Selling:
Owner wants to spend more time with her children
Training/Support:
Seller will train
Seller Financing:
Call

Listing Info

ID:
1227953
Ad Detail Views:
1196
Asking Price:
$2,000,000

Gross Revenue:
$1,231,359
Cash Flow:
$415,481
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$300,000
included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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U.S. Census Data for Los Angeles County, CA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Los Angeles County, CA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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