18 Yr Watch Parts & Repair Supplies Wholesaler-Importer National Reach

Contact Seller
Simple, Easy to Operate Successfully - $1.1M Inventory Included
Asking Price:
$1,800,000

Gross Revenue:
$1,230,000
Cash Flow:
$390,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$1,100,000
included in asking price

FF&E:
 Not Disclosed
included in asking price

Share this business:

Business Description

18 Year Watch Parts and Watch Repair Supply Wholesaler / Importer. National reach. Includes $1.1M current inventory. All-cash buyers only. Simple easy to understand business. Owner retiring. Successful player in established niche industry with sleepy competition creates dynamic growth possibilities to quickly double and triple profits. A must have for internet minded buyers. 43% Gross profit Margins, 5,300 customers. Main products are watch bands, movements, batteries and supplies. Small parts easy to store, handle and ship. $140 average order size. Repeat customers. Credit card, COD, cash payments. The business has succeeded via traditional and still effective mailed catalog marketing. Internet sales just starting shows amazing results. With a just completed and operating 13,000 SKU shopping basket ecommerce website, low wholesaler costs and product that is needed by watchmakers and end-users. The business is perfect for eBay, Amazon and web marketers looking for easy to handle niche products and strategic cost advantages.

The operation is spotless and well organized. It occupies approximately 4,000 square feet with owner and 5 workers. Not location critical. Rent is $5,800 / month, lease term is 8+ years including options. Because of the endless brands and watch models combined with importing lead times. watch parts wholesale requires wide inventory. However because of the timeless nature of luxury watches the inventory investment almost never obsoletes. Because of relatively high inventory component, the ask price of $1.8M is a reasonable 1.8X cash flow plus inventory at cost. This business is offered to all-cash buyers only. Proof of funds will be required to visit the location.

About the Business

Year Established:
2000
Number of Employees:
5
Real Estate:
Leased
Building Sq. Ft.:
4,000
Lease Amount/Mo.:
$5,800.00
Contact the Seller

Listing Info

ID:
1493685
Ad Detail Views:
81

Contact the Seller
$
Please confirm you're not a robot
Contact the Seller
Business Listed by

Hoke Nagahori

Select Business Sales

 Show Phone Number

View My Active Listings
U.S. Census Data for Los Angeles County, CA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Los Angeles County, CA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


Similar Listings


Report an Issue The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.