Leading Online Preowned Luxury Watch Retailer

Not Disclosed, FL
Broward County

Relocatable Internet Related Business

Asking Price: Annual Revenue:
$2,295,000 $2,785,495

Retail: E-Commerce, Retail Websites

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RE: Leading Online Preowned Luxury Watch Retailer Broker: Dale Armor

Quick Facts

Asking Price: $2,295,000
Annual Revenue: $2,785,495
Net Profit: Not Disclosed
Cash Flow: $460,516
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 3
BBN Listing #: 499611185
Broker Reference #: 170-18572

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Business Overview:

Leading online preowned luxury watch retailer. One of the top 5 most popular watch websites in the USA based on Similar Web statistics. Highly developed state of the art web platform produces 60,000+/- unique users & 236,000+/- sessions monthly. Established consistent b2b buying connections. Sellers working with limited inventory & still turning 50-100 pieces per month in the $3,000 - $5,000 range. Average margin of 27%+/-. Known for carrying both less popular & traditionally popular brands. Extensive CRM database has unique buyer/seller matching system to identify potential quick turn transactions providing a high level of customer service to both sides. The preowned market is strongly emerging & is estimated to be a $5 billion dollar annual industry globally. This is a fantastic strategic add-on or roll up candidate for any targeted acquirer in the watch or jewelry segment or a great business for an Owner-Operator who wants a low overhead, profitable online business. Excellent opportunity!

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Property Features and Assets:

Inventory: $200,000 (included in the asking price). Lease/Month: $1,800. Square Footage: 800. Building Type: Office Building. Terms & Options: Has termination clause Expiration Date: 6/30/2020.

Reason for Selling:

Principal in Partnership Moving to Europe.

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 not a franchise resale opportunity.

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