Pre-Owned Watch Company. $800K Inventory Included!

Not Disclosed, CA
Los Angeles County


Asking Price: Annual Revenue:
$1,483,000 $1,300,000

Retail: Clothing & Accessories


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RE: Pre-Owned Watch Company. $800K Inventory Included! Broker: Deanna Dube
License #: 02088474

Quick Facts

Asking Price: $1,483,000
Annual Revenue: $1,300,000
Net Profit: Not Disclosed
Cash Flow: $185,516
Total Debt: Not Disclosed
FF&E: $86,700
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 jump into the booming market of secondhand watch sales! The Business is a completely turn-key, very well established, highly respected, profitable pre-owned watch company in high demand. The Seller states Millennials and Gen Zs are fanning the flames of interest in second-hand watches and identify pre-owned watches as good investments and the Business has a strong repeat customer base. The Business is located in a desirable area of Los Angeles County and pros prospers from in-store purchases and a robust online purchases from around the globe. The Business has not engaged in any marketing efforts offering a prime growth opportunity for a buyer. The Business is fully staffed with experienced and knowledgeable employees, and per the Seller could easily be Semi-Absentee Owner operated. Approximately $800,000 in inventory and FF&E are included in the sale. This is a prime opportunity for a business savvy entrepreneur or an existing similar business to acquire the Business and take it to the next level! An NDA and proof funds are required for this highly confidential listing. *Link to Bloomberg Article: Millennials and Gen Z Are Fueling a Boom in the Second-Hand Watch Market 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 Full Time employees. Hours of operation are 10:00 am - 5:30 pm, Monday - Saturday. Included in asking price are $800,000 in inventory and $86,700 in equipment and fixtures.

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 not a franchise resale opportunity.

Relevant Links:

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