Woodruff Ave, Lakewood

$119,000

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0 Bed
0 Bath
0 Acre
0 Garage

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!

Essential Information

MLS® #
PW24025525
Price
$119,000
Bathrooms
0.00
Acres
0.00
Type
Business Opportunity
Status
Active

Community Information

Address
Woodruff Ave
Area
28 - Lakewood City
City
Lakewood
County
Los Angeles
Zip Code
90713
Senior Community
N

Additional Information

Date Listed
February 5th, 2024
Days on Market
81

Listing Details

Agent
Brenda Truong
Office
Winland Realty & Mortgage, Inc

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Based on information from California Regional Multiple Listing Service, Inc. as of April 27th, 2024 at 12:20pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.