Exclusive Designer Jewlery (Fashion) Accessories

Asking Price:$150,000 Gross Income:$220,000 Cash Flow:$80,000
EBITDA:N/A FF&E:N/A Inventory:$50,000
Real Estate:N/A Established:1999 Employees:N/A

Business Description

Established in 1999, Platino is a charming European lifestyle boutique located on Montana Avenue in Santa Monica, California featuring unique and elegant fashion accessories such as designer jewelry, handbags, belts, scarves, and wraps from around the world for the stylish woman with exceptional taste. It feels like you have left the country when you enter Platino! We search the world for special and one-of-a-kind pieces to bring to our customers who are looking for the unusual and different.

We carry a select number of jewelry artists which we consider our "Standing Artists".We are committed to always carrying their collections and featuring their newest works. We are also dedicated to finding and carrying the most impeccably crafted, artisanal handbags with quirky, bold, free spirited, irreverent and style.

We are committed to providing each customer with their own personal shopping experience. We build and maintain existing relationships with care and get to know our customers, their families, their birthdays, and even their dogs! Platino is almost 100% destination.

A-list celebrities and their stylists who shop at Platino: Jennifer Lopez, Sharon Stone, Paula Patton, Mariah Carey, Heidi Klum, Molly Simms, Christina Applegate, Christina Hendricks, Jane Lynch, Tia Carrere, Kimora Lee Simons,Sheryl Crowe, Rees Witherspoon, Meg Ryan, Julia Roberts, Maria Shriver and Arnold Shwarznegger, Marcia Cross, Courtney Cox, Amber Valleta, Alison Jani, Jim Carey, Tracey Ullman, Seymour Cassel, Valerie Harper, Leornard Nimoy, Christina Pickles, Meredith Baster, Patricy Duffy, Bonnie Hunt, Henry Jaglom, Lolita Davidovich, Jenny Jones, David Caruso, William Macy, Kurt Russel , Linda Hamilton, and many more. The collections are consistently seen on the red carpets of The Oscars, Emmy Awards, Grammy Awards, and other Awards ceremonies. NDA is required for exact business ID and to visit the location as a customer only.

Additional Features

Inventory: Included in asking price

Facilities: Cozy shop in a great heavily trafficked and desireable area of Santa Monica. Tons of surrounding Fortune 100 name brand and independent businesses in the surrounding area.

Competition: Seller has secured designers from around the world, so no one else carries her selections, so there’s no direct competition.

Growth & Expansion: Seller stopped doing road shows recently which was a good source of income and a way to build the customer database.

Financing: $100k Down, $2,500 per month for 30 months!

Support & Training: As needed.

Reason for Selling: Other business interests.


Ace Business Brokers NDA & Buyer Profile


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