Luxurious Clock Store-Plus Jewelry-Must See

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Asking Price:
$525,000

Gross Revenue:
$545,345
Cash Flow:
$72,277
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$225,000
included in asking price

FF&E:
$35,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

TICK-TOCK---TICK TOCK--- The TIME is NOW!!! After 33 lucrative years, the ownership of this Amazing Clock & Jewelry Store is ready to turn it over to the next Successful Owner. The owner will work the new owner to help them make a smooth transition and have them take this BUSINESS TO A WHOLE NEW LEVEL!

This is truly an amazing combination business that has stood the TEST OF TIME. Customers know that when they come into this store, they will get the very best possible sales and service at quality prices. While other similar stores have faded away over time, This Charming stores customer base has become stronger and stronger. They are now one of the few places where you can buy classical quality grandfather clocks with craftsmanship that is unheard of in today’s world. THEY ALSO offer a great selection of all types of clocks, estate jewelry, and purchase and sell Gold and Gold Coins.

They sell and repair Clocks of all types and are the TRUSTED SHOP when it comes to valuable and heirloom clocks and jewelry.

Whether a customer is looking for a new grandfather clock, need clock repair or simply need a watch battery replaced while they wait, the staff of friendly experts is very knowledgeable and ready to serve.

Their jewelry carries an elegant line of diamond solitaires, bridal ring sets, diamond pave & antique sets and many more unique styles. They purchase all the diamonds loose, without setting, inspecting each stone to insure the clarity and color for each diamond sold. They also buy and sell gold coins.

They are members of the Jewelry Board of Trade, The Jewelers Association, and The Chamber of Commerce.

This has been a Million Dollar a year business AND is READY TO do it again, with some changes in their internet presence, doing some E-Commerce, advertising and promoting their jewelry and gold lines more, this BUSINESS IS SET TO EXPLODE! It has Fantastic Assets and such a Stellar Reputation.

TICK-TOCK----TICK TOCK---DON’T LET THE CLOCK RUN OUT, ON YOU FROM OWNING THIS FANTASTIC BUSINESS!!!!!!

About the Business

Year Established:
1984
Number of Employees:
2
Facilities:
The location dreams are made of. This Fantastic Store has a nice frontage with great visibility to the public. There is plenty of parking and has easy access. It comes with 2200 sq. ft. that has been laid out to perfection for this business. WOW-The Rent is only $3,700 per month. It is currently on a Month to Month lease, but the landlord will issue a new 3 or 5 year lease with options.
Market Outlook/
Competition:
Closet Competition is 1mile away
Growth & Expansion:
This business could double with Updating Website, and doing E-Commerce, and promoting the Jewelry and Gold side of the business more.
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About the Sale

Reason For Selling:
Other Interests
Training/Support:
The owner will provide 2-6 weeks of free on-site training, as well as up to 6 months of free phone consultation on an as needed basis.

Listing Info

ID:
1411766
Ad Detail Views:
791

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Business Listed by

Best Biz to Buy LLC Texas

Best Biz To Buy, LLC

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