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Woodruff Ave

Lakewood, CA 90713
  • $119,000
  • STATUS: Active
  • ON SITE: 111 Days
  • ID#: PW24025525
UPDATED: 138 min ago
$119,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:

School Ratings & Info

Listing Agent(s): Brenda Truong of Winland Realty & Mortgage, Inc (714-837-1823) and Lily Nguyen of ()


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!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-05-26T22:34:59.583. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/147276237
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Woodruff Ave Lakewood, CA 90713

  • Price: $119,000
  • Status: Active
  • On Site: 111 Days
  • Updated: 138 min ago
  • ID#: PW24025525
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
28 - Lakewood City
County:
Los Angeles
Area:
28 - Lakewood City
Property 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!
Property Features

Additional Parcels YN No Business Type Jewelry Leasable Area 1260 Lease Assignable YN Yes Lease Renewal Option YN Yes Listing Agreement Exclusive Right To Sell Listing Terms Cash Operating Expense 530 Total Actual Rent 4974.39



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-05-26T22:34:59.583. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Brenda Truong of Winland Realty & Mortgage, Inc (714-837-1823) and Lily Nguyen of ()