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Jewelers Repair Business
Location: United States -> New York -> Suffolk County
Industry: Business Services > Other Services




Business Summary

Suffolk County Watch & Clock repair and hand made jewelry store Established 85 years and owned by the same family! Serving the community For Decades with hand made jewelery and clock sales and service service center for howard miller clocks ridgeway clocks hermle clocks americana clocks keininger clocks comitti of london clocks.

This very scalable profitable business is being offered and must be sold with real estate as per seller. Real estate offered by Vested Reality Group includes this store and a professional rental store attached with a extra rental income of $24,000 per year. Tax only $10,000 per year this property is a nice 2600 SF free standing Commercial building with parking located on main road.

Great for Jewelery or someone who can repair clocks and watches. Business is $150,000 plus $550,000 for real estate total price $700,000 seller will hold a 10 year mortgage for buyer that puts 40 percent down. Sale includes inventory and web site tools not included as they carry a lot of sentimental value to seller.

Please not this can also be re-purposed for any use call broker! Buyer can organize clean up add more jewelry to this busy store! included s web site and online sales. Sale includes inventory,business web site, training and real estate total price $700k. Note seller nets easily $125k plus almost $25k rent income. Buyer can also add pawn shop area or other business or ideas to present location. (priced to sell) Seller will hold 10 year mortgage for balance.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $250,000
Cash Flow:   $125,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $90,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2010
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Seller will provide training
Reason For Selling:  Moving out of New York State

Photos

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Jewelers Repair Business Photo 1 Jewelers Repair Business Photo 2




Print Listing Id: 700234659
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Also See: Franchise Opportunities > Franchise Resales > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



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