Established jewelry retail operation strategically positioned on prestigious Ocean Avenue in downtown Carmel-by-the-Sea, California. This turnkey business opportunity features a prime commercial location in one of California's most renowned tourist destinations and affluent communities.
Business Assets:
• Complete retail infrastructure including professional display cases, furniture, fixtures, and equipment
• Active jewelry retail license (HIGHLY DESIRABLE)
• Comprehensive lease agreement: 5-year term with 5-year renewal option
• Monthly occupancy cost: $8,800 ($8,500 base rent plus $300 NNN expenses)
SIZE: 1265 square feet
• Current annual revenue: $1,200,000
NOTE: NO IVENTORY INCLUDED
Location Advantages:
Situated on Ocean Avenue, the premier retail corridor in Carmel-by-the-Sea, this location benefits from high foot traffic generated by tourists, local residents, and visitors to nearby attractions. The area maintains year-round activity with particularly strong performance during peak tourism seasons.
Operational Structure:
The business operates as an asset sale excluding inventory, providing the purchaser with operational flexibility to curate their own product selection and establish preferred vendor relationships. This structure allows for immediate customization of merchandise mix to align with the new owner's business strategy and target market preferences.
Financial Performance:
With established revenue of $1.2 million annually, the business demonstrates strong market penetration in the luxury retail segment. The location's demographics and tourist traffic patterns support consistent customer flow and repeat business potential.
This opportunity represents an established retail platform in a premier California coastal market, offering immediate operational capability with significant growth potential for an experienced jewelry retailer.
Ad#:2437663
