Business for Sale Overview:
This shop sells mostly clocks, watches and some jewelry. The inventory is valued at approximately $400,000. The average retail sale is $300.00 and the average repair sale is $200.00. The new owner will need to obtain a Maryland State license to buy gold. Two of four the employees are part time. The store is located in a strip center on a heavily traveled road. Much more information is available on this business opportunity.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
This retail facility is 2,585 square feet and rents for $5,502 per month NNN. The lease expires in March 2011. The store is in excellent condition as are the furnishings. Ample parking is available and sufficient signage is outside above the door.
Market Competition and Expansion:
There is not much competition in the surrounding area. A mall is a few miles away but the community tends not patronize it.
The buyer should expand the jewelry sales and the gold purchasing aspect of the business.
Reason for Selling:
The owner has decided to sell due to personal reasons
Additional Details:
- The property is leased.
- The owner is not willing to train/assist 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.