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Business For Sale

SWISS WATCH DESIGN & MANUFACTURER

Attn: Michael Davidson
West LA, CA, USA
Listing Number: "BizEx34-MD"
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Asking Price: $425,000 USD USA Dollars
Business for Sale Industry: Manufacturing: Non-classifiable  
Reason for Selling: Looking for a partner
Year Established: 2006
# of Employees: 1 Full Time
 

Business for Sale Overview:

For sale is an equity stake in a company that develops and manufactures sophisticated, and distinctive watches that reflect a mid 20th Century design. The owner is a world renowned authority on vintage and contemporary watches, appearing regularly as an appraiser on the Antiques Road Show. He has a tremendous breadth of experience working with watch designs over the last 100 years and has selected a few concepts he wants to take into production. He is looking to partner with an experienced marketer of watches, or other luxury goods, to the retail industry and Internet markets. The manufacturing is done over seas. The company essentially designs, markets and distributes the watches. Target market price at retail is at $625 a piece. The asking price is based on his current invested costs in the company, and would be reinvested in the company. Any other expenses would be split evenly, as would the profits.


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is willing to work for the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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