Full Service Jewelry Store And Workshop Newport Beach

Largest full-service on-site jewelry repair store in Orange County. The beautiful store has over 1,000 sq. ft. of retail space and is located in a high-end, safe, and high-traffic shopping center in Newport Beach, CA. High-end restaurants, coffee shops, clothing boutiques, banks, medical offices, hair salons, yoga, pilates, estheticians, and many more businesses located in the shopping center ensure constant foot traffic from morning until night 7 days a week. Full jewelry factory machinery onsite to service jewelry and watch repairs as well as create custom orders. In addition to machinery and tools, over 20 showcases, a large safe, and office assets are included in the sale. The area features sustainable growth in population, high traffic counts, and high tourism. The store has a stable cash flow with long-term clientele as well as daily new customers. Full flexibility in operating hours. The owner sets hours of operation, days closed, and vacation closures. The shopping center provides security patrol. Online reviews and word of mouth attract customers from Los Angeles and San Diego counties in addition to locals. The store has been in this location for more than 4 years but has already served over 3,300 customers, earned 126 5-star reviews, and growing with new customers daily in addition to repeatable, loyal existing customers returning for more services. The customer database is included in the sale. High potential for future growth because the seller has done minimal marketing to attract customers. In the store's first year, it generated over $605k in revenue without any marketing or advertising. The excellent location, world-class customer service, and quality as well as word of mouth have made it successful so far. The seller is willing to work in the store with the buyer for an agreed amount of time to ensure a successful transition. It’s a turnkey business for the buyer to start working the hour the Buyer purchases this great investment opportunity. Furthermore, the Landlord is happy with this business performance, securing ample lease terms. An online brochure that includes more detailed information about the offering including pictures, detailed marketing analysis of location, and financial data available to prospective buyers. Offers welcome. Owner willing to stay for 1 month at an agreed upon salary to ensure smooth transition and if more time is needed that is negotiable. No sellers financing or payments - sale must be paid in full up front. The reason for the sale is due to the owner retiring.