Woodruff Ave
Lakewood, CA, 90713 $ 119,000
Baths0.0 Monthly Estimate*
$ 831
Listed by Winland Realty & Mortgage, Inc
Studio
for $119,000.
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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FeaturesGeneralBusiness Type Jewelry
County Los Angeles
Operating Expense 530.0
New Construction N
Property Type BusinessOpportunity
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
Directions On Woodruff and South
City Lakewood
View Y/N N
Senior Community Y/N N
MLS Area 28 - Lakewood City
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Woodruff Ave
Listing Terms Cash
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N Y
Additional Parcels Y/N N
Leasable Area 1260.0
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 0
Building Area Units SquareFeet
Standard Status Active
Occupancy Description Owner
Total Actual Rent 4974.39
Ownership Type Corporation
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ExteriorSpa N
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorBasement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
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* Excluded FeaturesList ByWinland Realty & Mortgage, IncBroker
Affordability Calculator
- Monthly Principal & Interest
- $831
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Lakewood, CA
Average List Price $1,083,700
Percent of Sale Price 811%
About Lakewood, CA 80,594 Population
2% Since 2002
$ 82,429 Median Income
39.05 Median Age
34% Households with Children
Trends Information provided by ATTOM Data Solutions.
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
2/5/2024 | $119,000 | | Listed Price |