Financing: $50,000.00 Down and Seller will hold 50% on paper for a qualified cash buyer. (Subject to credit approval)
Reason for Selling:Selling due to other interest.
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.
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.