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1621 S Broadway
For Sale $650,000
$650,000
- Units
- Unknown Sq Ft
- 13,068 Sq Ft
- Unknown Cap Rate
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!
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $650,000 |
| Property Type | Business |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 0 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 117490036 |
| MLS # | PI24137961 |
| Property ID | 320643137 |
| Lot Sqft | 13,068 |
| Zoning | Unknown |
| Days on Market | 197 |
| Original List Price | $650,000 |
| Date Updated | September 30, 2024 |
| Date Created | July 05, 2024 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $2,500 | $0 |
Listing Provided By
Mason Frakes an agent of . Lic #02036823
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of September 30, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT