Business selling One-Of-A-Kind, Pre-Owned Watches
Los Angeles County, California
Asking Price: |
Gross: |
Cash Flow: |
$735,000 |
$1,339,460 |
$285,943 |
Furniture and Fixtures Value:
$125,000 (included in the asking price)
Inventory Value:
$317,500 (included in the asking price)
Business Summary:
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.Call 818-935-1241 or email inquiries to: [email protected]
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Year
Business was Established: 1976 |
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Number of Employees:
3 FT |
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Facilities / Terms of Lease:
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. |
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Owner
willing to finance:
Seller will consider all offers. (SBA Pre-Approved) |
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Owner
willing to train:
5 weeks |
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Reason for selling:
Retirement |
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REQUEST MORE INFO |
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