40 Years Jewelry Store for Asset Sale
About this business for sale40 Years Jewelry Store for Asset Sale
Located on a major Streets of a high-income suburb of Los Angeles. Used to have Large collection of diamonds, fine jewelry and Swiss watches. Stable client base, due to owner's retiring, this will be hard asset sale, incl interior leasehold improvement, jewelry showcases, computer system, security system, lighting system, walk-in vault, safe and equipment... no income statement and tax return to show. the upcoming 3 years lease extension at a very reasonable rent with 2,800 sq ft independent building. Annual revenue of $2-3 million for the last three years. Upside potential: the store is currently open only 5 days per week and less than 40 hours per week. Great opportunity for expansion or as a lifestyle business. For more information, please contact firstname.lastname@example.org listing number LA3810.
*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.