Jewelry Store and Watch Repair, only $58k, low rent.
Tempe, AZ
| Asking Price: | $58,000 |
| Gross Revenue: | $91,000 |
| FF&E: | $15,000 |
| Cash Flow: | $60,000 |
| Inventory: | $20,000 |
| Established Year: | 2005 |
Listing ID: 1671997Listing provided by BizBuySell
BUSINESS DESCRIPTION
Very established Watch and Jewelry repair and Retail sales store For Sale. 5 Year lease available.
Seller has owned approx 14 years, and shows low overhead, with net profits of approx $60k yearly. Repairs watches, Clocks, Settings, Gems, and plating.
Approx.900 sq. ft located in a grocery store center with adjoining franchises to generate traffic to this center. Seller will train, but some experience may be necessary for the owner operator..
DETAILED INFORMATION
Location
Tempe, AZ
Inventory
Included in asking price
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lease approx 900 sq. ft. Total monthly rent approx. $1,756.00. 5 year lease is available with option to renew.
Competition
Average.
Growth & Expansion
Yes, the Seller will explain.
Financing
Seller prefers cash, but may consider.
Support & Training
Two weeks or to be arranged.
Reason for Selling
Long term ownership.
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