Established Jewelry & Watch Repair

Not Disclosed, MD
Anne Arundel County

Anne Arundel County


Asking Price: Annual Revenue:
$165,000 $488,624

Retail: Clothing & Accessories


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RE: Established Jewelry & Watch Repair Broker: Justin Sandridge
Owner Financing is Available!
Lender pre-screened with $35,000 down.

Quick Facts

Asking Price: $165,000
Annual Revenue: $488,624
Net Profit: Not Disclosed
Cash Flow: $140,370
Total Debt: Not Disclosed
FF&E: $24,602
Real Estate: Not Disclosed
Year Established: 1991
Employees: 5
BBN Listing #: 86844955
Broker Reference #: 2403-14798

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Business Overview:

This watch and jewelry repair business was established in 1991 and has been owned by the current owner since 1996. The company specializes in repairing jewelry and watches and engraving on site. The owner has employees in place and only works at the store 30 hours per week.

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Property Features and Assets:

The business is operated in a 743 square foot retail space in an affluent area with high foot traffic. More information to be disclosed after a non-disclosure agreement is signed. Total Assets Included: $24,602

Market Competition and Expansion:

There are 2 competitors in he immediate trade area. This business is the highest Google rated jewelry repair business in the area. A new owner should conduct online and social media marketing to increase sales.

Reason for Selling:

Retirement.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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