Jewelry Store in Desired Location - Costa Mesa
About this business for saleJewelry Store in Desired Location - Costa Mesa
Custom Jewelry Design, Repair Shop and Watch Repair in the same great location for 6 years! The owner has been serving the same customer base for the past 19 years and will be passing these loyal clients onto a new owner. Seller will provide a comprehensive list of this valuable customer base. Located on busy E.17th Street in Costa Mesa. Owner operated with minimal expenses. Owner will provide 20 hours of transition training after closing. Seller will be retiring after transition of a sale. Various equipment is included in the sale. Inventory is not included.
The current triple net lease amount is $3,266 for 798 SF with 3 additional years on the lease.
A good buyer for this business is an experienced jewelry designer and repair specialist who is looking to increase business revenues through customer expansion and by locating at this prime retail location.
SDE - $17,500
Sales - $64,000
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.