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Asking Price$100,000
Revenue$70,000 EstablishedUndisclosed
Cash Flow$48,000 Employees2 part-time
FF&E$12,000 FranchiseNo
Inventory$18,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Well established very active store front repair shop for Jewelry, watches, razors, reweaving, bronzing, silver plating.
Shop also sells watches, clocks and other misc items. The repair work is shared with vendors and on site repairs by employees.
This shop sits in a busy mall/arcade with lots of foot traffic and enjoys extremely low rent for the area.
Current owner recently suffered a death in the family and would like to sell but would be willing to work with new owner for a period of time to ease the transition with the current clientele.
The business does not advertise, no social media and is only open thirty hours a week.
In this thriving location a new eager owner with additional hours and some smart small advertising could double the business in no time at all.
Maybe bring is a few new products that the shop does not sell or fix.
The next owner of this business will walk into a turnkey business, putting money in their own pocket immediately and could take the shop to a new elite level with some new ideas and management the shop is not getting at this point.
The next owner could expand the on repairs or sales on new items or just work on one area of their choice.
Gross revenues are at $70,000 and with a cash flow of $48,000 so you can see expenses for this business are very low including very low rent that is under $300 a month for this great location.
There is really a lot of opportunity for the right person so please feel free to make an offer, the owner would really like to sell soon.
Training/Support:The seller will train the new owner.
Seller Financing:50,000.00 Down & Seller will hold 50% on paper for a qualified cash buyer. (Subject to credit approv
Sale Reason:Selling due to other interest.
Ad #79755
Seller Reference #28063
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Contact This Seller
Steven Mencini
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