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Business For Sale
HANDCRAFTED CLOCKS
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Asking Price: |
$349,000
USD USA Dollars
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Business for Sale Industry: |
Retail: Home Furniture & Furnishings
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Reason for Selling:
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Retirement |
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Year Established:
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1981 |
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# of Employees:
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2 |
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Yearly Revenues:
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$170,464 |
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Yearly EBITDA:
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$86,678 |
Business for Sale Overview:
This retail clock shop in the Amish country of southeastern Pennsylvania has excellent profitability and potential for further growth. The owner custom handcrafts grandfather, grandmother, wall and mantle clocks on location. Each is handmade from the finest materials and is made to order. The shop also sells Howard Miller, Hermle, Westminster and Hurst clocks. The business has very little competition and stands out for its wide range of clocks, strong customer service, good warranties, competitive pricing and on-site work. A new owner could increase the already good gross sales by advertising more and using the web to reach new customers. The shop does little advertising, instead getting new customers through referrals and tourism, which makes up between 60 and 70 percent of business.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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