Business Selling One-Of-A-Kind, Pre-Owned Watches

Not Disclosed, CA Los Angeles County

Asking Price: $735,000

Annual Revenue: $1,339,460

Retail: Clothing & Accessories

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Business selling One-Of-A-Kind, Pre-Owned Watches

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RE: Business Selling One-Of-A-Kind, Pre-Owned Watches
Contact: Deanna Dube
License #: 02088474

Quick Facts

	Asking Price:	$735,000
	Annual Revenue:	$1,339,460
	Net Profit:	Not Disclosed
	Cash Flow:	$285,943
	Total Debt:	Not Disclosed
	FF&E:	$125,000
	Real Estate:	Not Disclosed
	Year Established:	1976
	Employees:	3
	BBN Listing #:	213862372
	Broker Reference #:	130-21996

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Business Overview:

This is a 100% RARE opportunity to acquire a legacy business selling one-of-a-kind, pre-owned watches! This profitable business has many repeat customer, is completely turn-key and has an excellent reputation. The Business is fully staffed with experienced and knowledgeable employees. The Seller states the Business also utilizes several trusted watch dealers who attend Asian & European watch shows and purchase for the Business. The Seller states the Business can EASILY be Semi-Absentee Owner operated. Included in the sale is approximately $300K in inventory and $132K in FF&E, including the highest-level security safes. This Business has lots of upside, is primed for growth and is the perfect opportunity for a business savvy entrepreneur to take it to the next level. Inquire NOW!

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Property Features and Assets:

This business has a leased location of 481 square feet with a total monthly rental of $5,450. The seller is active in business with 3 FT employees. Hours of operation are 10:00 am - 5:30 pm, Monday - Saturday. Included in asking price are $125,000 in equipment and fixtures and $317,500 in inventory.

Reason for Selling:

Retirement.

Additional Details:

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

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