This is a 100% RARE opportunity to acquire a legacy business selling one-of-a-kind, pre-owned watches! This profitable business has many repeat customer, is completely turn-key and has an excellent reputation. The Business is fully staffed with experienced and knowledgeable employees. The Seller states the Business also utilizes several trusted watch dealers who attend Asian & European watch shows and purchase for the Business. The Seller states the Business can EASILY be Semi-Absentee Owner operated. Included in the sale is approximately $300K in inventory and $132K in FF&E, including the highest-level security safes. This Business has lots of upside, is primed for growth and is the perfect opportunity for a business savvy entrepreneur to take it to the next level. Inquire NOW!
- Asking Price:
- $735,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,339,460
- Cash Flow:
- $285,943
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
This business has a leased location of 481 square feet with a total monthly rental of $5,450. The seller is active in business with 3 FT employees. Hours of operation are 10:00 am - 5:30 pm, Monday - Saturday. Included in asking price are $125,000 in equipment and fixtures and $317,500 in inventory.
Business Operation
- Reasons for selling:
-
Retirement
- Trading hours:
-
10:00 am - 5:30 pm, Monday - Saturday
- Employees:
- 3 FT
- Years established:
- 47
Other Information
- Support & training:
-
5 weeks
- Financing available:
-
Seller will consider all offers. (SBA Pre-Approved)
- Furniture / Fixtures value:
- $125,000 - included in the asking price
- Inventory / Stock value:
- $317,500 - included in the asking price
