Business Selling One-Of-A-Kind, Pre-Owned Watches
Not Disclosed, CA Los Angeles County
Asking Price:
$735,000
Annual Revenue:
$1,339,460
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- RE: Business Selling One-Of-A-Kind, Pre-Owned Watches
- Contact: Deanna Dube
- License #: 02088474
Quick Facts
| Asking Price: | $735,000 | |
| Annual Revenue: | $1,339,460 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $285,943 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $125,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1976 | |
| Employees: | 3 | |
| BBN Listing #: | 213862372 | |
| Broker Reference #: | 130-21996 |
Business Overview:
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!To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
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.Reason for Selling:
Retirement.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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