Woodruff Ave

Lakewood, CA 90713

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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