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Asking Price$90,000
Revenue$50,000 EstablishedUndisclosed
Cash Flow$35,000 Employees2 part-time
FF&E$15,000 FranchiseNo
Inventory$10,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Prime location, well-established, storefront repair shop for jewelry, watches, razors, reweaving, bronzing and silver plating. You do not have to be an expert in this industry to run or own the store.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, on social media or otherwise, 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 in 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. They could take the shop to a new, elite level with some new ideas and management the shop is not currently getting. The next owner could expand on the repairs or sales of new items, or just work on one area of their choice.Gross revenues are at $50,000 with a cash flow of $35,000, 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 like to sell soon.Please contact the broker at 1-877-735-5224. Attention Business Owners:We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Training/Support:The seller will train the new owner.
Seller Financing:$60,000.00 Down and $30,000 at 6% over 60 months
Sale Reason:Selling due to other interest.
Ad #99320
Seller Reference #28063
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Contact This Seller
Steven Mencini
1-877-735-5224
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