Los Angeles County
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Listing Number: 130-21996
Category: Retail
| Asking Price | $1,483,000 |
| Gross Revenue | $1,300,000 |
| Total Adjusted Net Income | $185,516 |
| Equipment / Fixtures | $86,700 |
| Year Established | 1976 |
| General Location | Los Angeles County |
Deanna Dubé
- Cell: (818) 935-1241
- License #: CA DRE 02088474
- Cell: (818) 935-1241
- License #: CA DRE 02088474
This is a 100% RARE opportunity to jump into the booming market of secondhand watch sales! The Business is a completely turn-key, very well established, highly respected, profitable pre-owned watch company in high demand. The Seller states Millennials and Gen Zs are fanning the flames of interest in second-hand watches and identify pre-owned watches as good investments and the Business has a strong repeat customer base. The Business is located in a desirable area of Los Angeles County and pros prospers from in-store purchases and a robust online purchases from around the globe. The Business has not engaged in any marketing efforts offering a prime growth opportunity for a buyer. The Business is fully staffed with experienced and knowledgeable employees, and per the Seller could easily be Semi-Absentee Owner operated. Approximately $800K in inventory and FF&E are included in the sale. This is a prime opportunity for a business savvy entrepreneur or an existing similar business to acquire the Business and take it to the next level! An NDA and proof funds are required for this highly confidential listing. *Link to Bloomberg Article: Millennials and Gen Z Are Fueling a Boom in the Second-Hand Watch Market
Inquire NOW! Email inquiries to: deanna.dube@fcbb.com
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.