Price: $199,900

3255 Rutherford Road 31, Vaughan, ON L4K 5Y5

A rare turnkey opportunity to acquire one of the most trusted jewelry stores, bringing you the most exquisite and excellent quality diamonds, Laxmika Diamonds, located in a very busy and highly desirable shopping plaza just outside Vaughan Mills Mall. This well-established business has been serving the community for over 20 years, specializing in exquisite, high-quality diamonds, fine jewelry, and expert repair services. With a large modern showroom, fully equipped workshop, bathroom, and custom-built displays, this turn-key business is ready for immediate operation. The lease has just been renewed for 5 years with an option for another 5 years, ensuring long-term stability. The current owner, a master goldsmith, is willing to stay on to provide training if needed. With excellent visibility, heavy foot traffic, and a loyal customer base, this is an ideal investment for entrepreneurs or investors seeking a profitable and reputable jewelry business. Very Low TMI approx. $4281(All Inclusive)


Property Overview

Property type

Commercial - Sale Of Business

Building Area

1099 Square Feet

List Price

$199,900

Gross Income

N/A

Annual Taxes

$1

Tax year

2025

Business Type

Jewellery

Years in Business

N/A

Location

Vaughan, ON

Status

Active

Franchise

No

Last Updated

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Financial Information

Gross Revenue

Annual revenue

Seller's Discretionary Earnings

Normalized earnings

EBITDA

Operating profit

Financial Verification

All financial information is subject to verification during due diligence. Contact the seller for detailed financial statements and documentation.

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