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

Los Angeles County, CA

Seller Financing Available

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Asking Price:$735,000
Gross Revenue:$1,339,460
FF&E:$125,000
Cash Flow:$285,943
Inventory:$317,500
Established Year:1976
BUSINESS DESCRIPTION

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: deanna.dube@fcbb.com


DETAILED INFORMATION
Location
Los Angeles County, CA
Inventory
Included in asking price
Real Estate
Leased
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
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.
Financing
Seller will consider all offers. (SBA Pre-Approved)
Support & Training
5 weeks
Reason for Selling
Retirement
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Deanna
Dube
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Deanna Dube