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BUSINESS FOR SALE - PROFILE #  41883227

Online and Retail Watches and Jewelry Business
Palm Beach County

Asking Price: $1,450,000   Down Payment: $1,160,000  
Gross Revenue: $1,177,230   Adj. Cash Flow*: $190,478  
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Executive Summary
Great opportunity to acquire a well-established watch, clock, and jewelry online and retail business carrying the leading brands and styles. Centrally located in a heavily populated area in Palm Beach county next to multiple national anchor tenants! The high end retail location was added to the online business in 2017 to accommodate the growing demand. Beautiful custom hard wood displays are made by a famous jewelry display designer bringing a sense of opulence to the retail location. The business is turnkey and ready for the upcoming 2017-18 holiday season. Currently run absentee, the long-term store manager is responsible for both online and retail business and is very experienced. This is a perfect opportunity for an investor, retailer and/or someone looking for a visa opportunity!

Acquisition Highlights

  • Financing Information:  290,000 for 24 months at 7%
  • Training Information:  1 weeks
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 2015 Inventory: $950,000 Included
Employees: 5 FT, 1 Mgrs Furniture, Fixtures & Equipment: $250,000 Included
Lease/Rent: $9,800 Real Estate:
Building Sq Ft: 6000
    Total Assets Included in Sale: $1,295,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Lilia Berezkina
Phone:  (561) 756-9222
Fax:  (866) 908-6558
Other:  (561) 289-5020
E-mail:  lilia@vrbocaraton.com
VR Business Brokers - Boca Raton, FL
4722 Boca Raton Blvd
Suite C-105
Boca Raton, FL 33431
www.vrbocaraton.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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