This is a well-established successful business with a strong history of sales since 2014, including a high ratio of cash sales. Crystals, semi-precious stones, and specimens comprise roughly 50% of sales, with jewelry and metaphysical objects accounting for about 30% and beads and findings the remaining 20%. Historically it was pen 5 days a week from 10 AM-6 PM but now operating limited hours due to health reasons, This store has been the go-to spot for locals and tourists alike to find the broadest selection of fine gems, crystals, specimens, beads, findings, and metaphysical objects in the region. Conveniently located close to a museum, coffee houses, restaurants, and bookstores with other popular shops including an independent game store nearby.
The premises occupy 1,115 sq ft, with Landlord open to further extensions. Base rent is at $1,852.49 per month plus NNN of $356.80 per month (total $26,511 per year, including NNN), with annual CPI increases.
Sources include regional wholesale sources as well as direct imports and bulk lot purchases yielding incredible Profit Margins ranging between 4x-6x for larger items, and as much as 15x-30x for smaller items. (Recent examples include an item purchased for $500 sold for $2490 and an object purchased for $700 sold for $7,000).
Listed for $200,000 (Includes estimated $150,000 inventory)
Contact Exclusive Listing Agent:
Datta Khalsa, CABB
Cal DRE 01161050
Broker & Owner, Main Street Realtors
Proudly Serving the Community for 20 Years!
Fund Manager, Firmus Financial LLC
10 Years of Profitable Returns for Our Investors.