Engraving, Gifts, Trophies and Jewelry

Business Overview:

Owner operator has been providing engraving services and related gifts, trophies, and jewelry in this San Marcos, CA location for 17 years. Business enjoys repeat business customers with on-going or annual needs. Locks, plumbing fixtures, recognition awards, tags, stone plaques, plumbing fixtures, and gifts are examples of items engraved. All trade equipment is owned free and clear: engraving machines, sheers, bevel, buffer, drill press and extensive assortment of tools will convey. Credit card processor is leased.
Seller retiring and moving to Texas.
Everything you need to take over and grow this specialty business is in place. Reasonable lease in strip about 980 sqft for $2,037/mo. plus about $300/mo. CAM. Current term expires end Feb 2020 but extension can be negotiated. Approximately $25,000 inventory and $40,000 FFE included. Receivables will be negotiated at COE. Seller states 2018 Gross a little over $100,000. SDE about $24,000. 2017 Gross was $118,743, SDE $39,096. Seller will train for 20-30 days as needed. Asking $75,000. Make an offer, motivated!

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Property Features and Assets:

In location 17 years.

Market Competition and Expansion:

Plenty of growth opportunity with a little marketing and energy.

Reason for Selling:

Moving

Additional Details:

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.