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Top-Rated Jewelry Store And Workshop In Newport Beach

Newport Beach, CA, USA
Listed 264 days ago
Established 2021

Established full-service jewelry store and workshop in prestigious Newport Beach shopping center, generating $605,359 in annual revenue. This turnkey operation features over 1,000 sq. ft. of retail space with complete onsite jewelry manufacturing capabilities, making it the largest full-service jewelry repair facility in Orange County. Business Highlights: Location & Market: Situated in a premier Newport Beach shopping center alongside upscale restaurants, boutiques, medical offices, and service businesses ensuring consistent daily traffic. The area benefits from sustainable population growth, high tourism, and affluent demographics. Security patrol provided by shopping center. Financial Performance: Strong cash flow with established customer base and minimal competition due to unique onsite manufacturing capabilities. Revenue achieved entirely through word-of-mouth and organic growth without any advertising investment. Lease Terms: 1,014 sq. ft. at $7,450/month, lease expires February 2028. Landlord satisfied with business performance. Transition Support: Seller retiring and willing to provide up to one month of training at agreed salary to ensure smooth transition. Customer database included. This rare opportunity combines retail jewelry sales with full manufacturing capabilities in one of Southern California's most desirable markets, offering unlimited growth potential through strategic marketing implementation. 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. No sellers financing or payments - sale must be paid in full up front. Offers welcome.

Location

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.

Employees

0

Lease Terms

2 years left on the lease with additional 3-year lease terms available.

Real Estate

Lease

Trading Hours

Full flexibility in operating hours. The owner sets hours of operation, days closed, and vacation closures. Currently, Tuesday-Friday 10:00 am-5:00 pm, Saturday 10:00 am-2:00 pm, and closed on Sunday's and Monday's.

Management Type

This business is owner operated.

Planning Consent

To be requested from property management as needed.

Premises Details

Shopping Center in Newport Beach, CA on high traffic street and shopping center. On-site security patrol is provided by the shopping center.

Support & Training

The seller is willing to work in the store with the buyer for an agreed-upon amount of time to provide training and ensure a successful transition.

Expansion Potential

Unlimited growth potential due to high traffic area and the fact that currently there is not any kind of marketing or advertising being done. The store is currently very successful so any focused marketing and advertising strategy would create exponential growth.

Size In Square Feet

1,015

Competition / Market

Very little to no competition because no other jewelry store has the extensive line of machinery, tools, and equipment onsite to repair and create jewelry that this store has. A true onsite factory in addition to retail showcases.

Reason for Selling

The seller is retiring.

Financials

Asking Price
$275K
RevenueMost Recent Year
$605K
EarningsLast Reported
Undisclosed
Assets ValueIncluded in Asking Price
$200K
Seller Financing
No

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