ASKING PRICE INCLUDES INVENTORY: Profitable Jewelry/Watch Repair Shop
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This turnkey business offers jewelry repair, men and women's jewelry, clocks and pocket watches, and home decor items.
- Over 26 years of brand value and excellent reputation in the industry
- Authorized dealer for premium brands including Citizen, and Victorinox
- Authorized dealer for over 45 brands including Citizen, Bulova, and Seiko (full list upon request)
- Pre-owned of Rolex Watch re-seller
- Skilled Staff with specialization in watch repair and jewelry customization
- Diverse Revenue Streams
- Potential for expansion into e-commerce and broader geographic markets
- Offering Wristwatches; Pocket Watches; Clocks; Women's & Men's Jewelry; Home Decor; Giftables; Fragrance; and Personalized Gifts
Acquisition Rationale Includes:
- Large customer list with high percentage of regular, repeat customers
- Strong walk-in business due to high traffic location
- Asking price includes inventory (except Rolex watches), tools, equipment, FFE
- Reasonable seller expectations for the offering price and transaction terms
- Experienced horologist interested in remaining with the business to train replacement
- Over 26 years of brand value and excellent reputation in the industry
- Authorized dealer for premium brands including Citizen, and Victorinox
- Authorized dealer for over 45 brands including Citizen, Bulova, and Seiko (full list upon request)
- Pre-owned of Rolex Watch re-seller
- Skilled Staff with specialization in watch repair and jewelry customization
- Diverse Revenue Streams
- Potential for expansion into e-commerce and broader geographic markets
- Offering Wristwatches; Pocket Watches; Clocks; Women's & Men's Jewelry; Home Decor; Giftables; Fragrance; and Personalized Gifts
Acquisition Rationale Includes:
- Large customer list with high percentage of regular, repeat customers
- Strong walk-in business due to high traffic location
- Asking price includes inventory (except Rolex watches), tools, equipment, FFE
- Reasonable seller expectations for the offering price and transaction terms
- Experienced horologist interested in remaining with the business to train replacement
About the Business
- Years in Operation
- 26
- Employees
- 2 (1 Full-time, 1 Part-time)
Owner will stay to train. - Currently Relocatable
- Yes
- Facilities & Assets
- 1,500 sq. ft. of retail space; 1,000 sq. ft. of work area and office space.
- Market Outlook / Competition
- The Watch Repair & Jewelry retail business has a growing demand with current market value at $75.8 billion and a continued demand for jewelry repair shops and luxury watches.
- Opportunities for Growth
- This Watch Repair & Jewelry Shop is well-positioned to capitalize on current trends of e-commerce development, as well as strategically developing new locations and partnering with well-established high-end retailers to push customer acquisition and widen the service market.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 2,500
About the Sale
- Seller Motivation
- Owner is planning to retire.
- Transition Support
- Owner is planning his retirement and will stay 12 months after sale to provide horological education with hands on training in clock and watch repairs as well as service calls.
Listing Info
- ID
- 2345192
- Listing Views
- 2216
Attached DocumentsAttachment Disclaimer
Listing ID: 2345192 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 of Use. Learn how to avoid scams.
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