This is a storefront lease transfer with sale of inventory and FF&E. Established in 1948, Seller has a strong industry reputation and long-standing relationships with loyal customers and vendors, once serving professional and hobbyist watchmakers across the U.S., Canada, Mexico, the U.K.As the owner prepares to retire, the business is currently operated at a minimal level with no employees, resulting in reduced order volume. This creates an opportunity for a buyer with watch repair experience to revitalize operations and drive growth, particularly through e-commerce while maintaining the existing storefront. As an asset/inventory sale, historical financials may be provided only for reference. LA11803
- Asking Price:
- $600,000 Inventory / Stock included
- Sales Revenue:
- $148,722
- Cash Flow:
- Undisclosed
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
The current lease will expire on June 30, 2026, a new lease is available
- Premises Details:
-
Rent $5713
- Size in square feet:
- 2,600
Business Operation
- Reasons for selling:
-
Seller retiring
- Years established:
- 1948
Other Information
- Support & training:
-
2 weeks, 20 hours per week
- Inventory / Stock value:
- $1,000,000 - included in the asking price
