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$650,000
Est. payment /mo
0.3 Acres Lot
UPDATED:
09/30/2024 06:50 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID PI24137961
HOA Y/N No
Lot Size 0.300 Acres
Property Description
Don Jose's Jewelers has been proudly serving the Central Coast for over 35 years. With a well-established client base, strong reputation, excellent management team and proven business model, this business is perfect for the savvy investor. The business has grossed an average of $386,555 over the past 4 years, with an average cash flow of $106,939. Included with the sale are the fixtures and roughly $200,000 worth of inventory. The management and sales team are willing to stay on for the new owner, and the current owner is happy to help facilitate the transition as well. In addition to the sale of jewelry, this business also buys and sells gold and does both watch and jewelry repair. They also offer services such as jewelry restoration, diamond & stone replacement, ring sizing, jewelry cleaning, ear piercing, battery replacement, bands / straps, watch crystal replacement, glasses frames soldering, and more. Aggressive marketing over the years has yielded a strong Google Search ranking and excellent customer service has awarded them with an A+ rating by the Better Business Bureau. Currently only open 6 days a week from 10AM-5:30PM, there is room for growth within the business itself and the strong base is a great starting point for potential future expansion. The current owner is only selling because after 35+ years in business he would like to retire and spend more time with family. Located in the busy heart of Santa Barbara County's largest city, Don Jose's Jewelers is sure to provide an excellent return on investment for years to come. Call your favorite agent and capitalize on this excellent opportunity today!
Location
State CA
County Santa Barbara
Area Smsw - Sm Southwest
Interior
Fireplace No
Others
Tax ID 117490036
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Listed by Mason Frakes • CHAMPION Real Estate • 805-260-4860
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