Jeweler Manufacturing And Retail - Wedding Bands
Relocatable, CA Los Angeles County
Jewelry District
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- RE: Jeweler Manufacturing And Retail - Wedding Bands
- Contact: Maria Caudle
- License #: 01839735
Quick Facts
| Asking Price: | $253,300 | |
| Annual Revenue: | $247,311 | |
| Net Profit: | $53,650 | |
| Cash Flow: | $174,371 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $120,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 40 | |
| Employees: | 1 | |
| BBN Listing #: | 979396 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Established 40+ of history in producing high-quality wedding bands. Prime location situated in the heart of Downtown Los Angeles, CA. jewelry District, with access to top suppliers and distributors. The asking price of $253,300. Diverse Product Line: Classic Wedding Bands: Timeless elegance in gold, platinum, and silver.
*Modern Wedding Bands: Sleek, contemporary designs using most mixed materials.
*Custom Wedding Bands: Fully tailored designs crafted to meet clients' specifications.
Ethically sourced materials and sustainable production process.
Turnkey Operation: Equipped with high-end machinery, a strong customer base, and an established reputation in the jewelry industry. As shown in the business's website, the facilities include self-service pet wash tubs, which are very profitable. The new buyer will need to sign a Confidential NDA Agreement with the broker.
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Property Features and Assets:
The business is located in a 100 year old building that services wholesale and other manufacturing, retail jewelers, in the industry. The manufacturing and retail wedding band jeweler is in a 1,300 sq.ft. warehouse, on the third floor with two display shelves in the front of the office space. The industrial section includes CNC, lathes, drilling, and all machines to be able to service custom and niche products, classic, diverse and custom wedding bands.Â
Market Competition and Expansion:
Turnkey Operations and Equipped with high-end machinery, a strong customer base, and an established reputation in the jewelry industry.Â
Prime Location situated in the heart of Los Angeles Jewelry District with access to top suppliers and distributors.
Expansion Opportunities increase online sales on Amazon, Instagram, Yelp, and other platformsÂ
Profitable, and proven track record, wholesaler.
Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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