NOT DISCLOSED, Georgia
| Asking Price |
$275,000 |
Year Established |
1997 |
|
| Annual Revenue |
$245,785 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Sung Kim |
|
| Annual Cash Flow |
$0 |
Listing Number |
1015904 |
|
| # of Employees |
1 |
Business Category |
Manufacturing: Clothing, Jewelry |
|
Business Overview:
Retiring Owner Jewelry & Watch Repair Shop 30 Years in Busy Mall
Established jewelry and watch repair shop operating since 1997 in a well-established Metro Atlanta retail center. The shop is located in the same building as DMV and DDS offices, which generates good, consistent foot traffic throughout the week. The business has also developed a loyal, long-standing customer base.Approximately 70% of revenue comes from jewelry and watch repairs, while the remaining 30% comes from retail sales. The shop is fully equipped and supported by full-time and part-time staff. An experienced employee who is highly skilled in jewelry and watch repairs is expected to remain after the sale, providing valuable operational continuity at a competitive labor cost.Growth opportunities include expanding the jewelry inventory, developing online sales, increasing social media advertising, and strengthening local marketing. This is an excellent opportunity for an experienced jeweler, watch technician, or hands-on owner seeking an established business with 30 years of operating history.
Property Features and Assets:
Market Competition and Expansion:
<p>The business benefits from a long-established presence, experienced repair capabilities, and a loyal customer base. Its location in the same building as the DMV and DDS provides consistent foot traffic and visibility. Competition exists from jewelry stores, mall kiosks, and independent repair shops, but the business differentiates itself through convenient on-site watch and jewelry repair services, established customer relationships, and experienced staff. The skilled repair employee is expected to remain with the business, which should help provide continuity for a new owner.<br></p><p>For the Jewelry & Watch Repair Shop, the strongest potential growth opportunities are:<br><br>Expand jewelry and watch sales, which currently represent only about 30% of revenue.<br>Increase repair volume through stronger Google, social media, and local advertising.<br>Add online sales for jewelry, watches, batteries, bands, and accessories.<br>Develop relationships with nearby jewelry stores and retailers that need outsourced repair services.<br>Extend operating hours and improve staffing coverage to handle more customers.<br>Promote higher-margin services such as watch batteries, sizing, engraving, custom jewelry, and specialized repairs.<br>Take advantage of the steady foot traffic generated by the DMV and DDS located in the same building.<br>A new owner with stronger marketing and retail merchandising could potentially grow both repair revenue and product sales without significantly increasing fixed overhead.<br></p>
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