Business For Sale

Business Overview:

Income to owner $34,557, priced to sell. Revenue $79,644. You can buy this business for $68,000. Established in 1981, a profitable Watch and jewelry repair and service business located in a well known department store of a busy mall in the Tampa Bay area. Known for its outstanding service, friendly staff, quality work and merchandise the business attracts customers on a regular basis from the mall and department store traffic. The business benefits from the major retailer advertising and advertises for it self through the yellow pages, flayers and having its own watch battery club. Limited hours and being closed on Sunday limits the growth of the business. A new owner could generate increased revenues immediately through expansion of hours and the amount of days open. An incredible lease tied to gross sales keeps overhead down. The business has a 5 year active email list of past clients. Part-time clerk of 23 years assists the owner with managing and running the business. The business maintains a #1 position with competitors, of which there are few. This is an opportunity to own a 30 year established business that has a great reputation in the community and maintains profitability.

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:

Assets • Furniture, Fixtures and Equipment: value is approximately $xxxxx. A complete FF&E list is available for a qualified buyer who has signed a confidentiality non-disclosure agreement with Tampa advisory partners. Lease • The business operates from a leased 900 square feet space of a well known department store since 1981. • Lease expires January, 2012 • Base rent is based on 15% of gross sales. • Part of 900 square feet is not being utilized and the business could use for expansion purposes.

Market Competition and Expansion:

• Yellow pages, flayers and a watch battery club are the main sources of advertising for the business direct. • The business is advertised indirectly as a piggy back with the name of the department store through internet service, radio and T.V. ads. • There are not a large amount of services available to consumers in this type of trade. The business would benefit from a greater volume of advertising which could lead to increased revenues and earnings.

Additional Details:

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