MergerPlace

Jewelry & Watches Retail and Internet

Florida (Miami-Dade)


  • Asking Price: $165,000
  • Gross Income: $300,352
  • Cash Flow: $14,138
  • Real Estate: Not Disclosed
  • Inventory: $250,000
  • FF&E: $5,000
  • Listing ID: #198363
  • Established: 1979
  • Employees: 2 FT

Business Description

The business was established in 1979. Owners looking to retire. The business is located in the heart of downtown Miami with an excellent lease, the city of Miami owns the building. Some of the watch brands sold in the store are: Luminox, Guess, Longines, Hillfigher, Fossil, Skagen, Hamilton, Citizen, Seiko, Casio, Movado, Swiss Army, etc. They also sell costume and high end jewelry. The business also does sales in the internet, which is an area with great potential to grow. Business being sold at inventory value.


Business Details

Primary Business Category: Retailers - Miscellaneous
Location: Florida
County: Miami-Dade

Company Information

Year Established: 1979
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 FT

Financial Information

Asking Price: $165,000
Gross Revenue: $300,352
Cash Flow: $14,138
FF&E: $5,000
Inventory: $250,000
Seller Financing Available: No

Property Information

Facilities:

450 square feet @ $1,550. Excellent lease in the heart of downtown Miami.

Growth & expansion opportunities:

The internet portion of the business can be developed and the area will grow in the near future.

Competition:

There is competition in the industry, however the location of the store is a big plus.

Reason for selling:

Retirement.

Support & Training:

Will train for 2 weeks @ no cost. General management of a business and good sales skills.

Contact Business Seller

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Business Listed By:

Andy Fischer

Murphy Business Brokers