Watch Store in Shopping Mall

Annapolis, MD (Anne Arundel County)

Watch Store in Shopping Mall

Asking Price:$150,000

Cash Flow:$100,000

Gross Revenue:$400,000

EBITDA:$100,000

FF&E:$170,000

Inventory:$200,000*

Rate/Sq. Ft.:$100.00

Established:2014

*not included in asking price.

Watch Store in Shopping Mall

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Business Description

In A Mall With Over 215 Retailers.
Store Is An Authorized Dealer For Named Brands Including Tissot, Movado, Hamilton, Bulova, Etc.
Buyer Can Also Choose To Add Jewelry Or Other Lines, And Keep The Current Name Of The Stores And Form A Franchise(The Time Store).
Very Easy To Operate. Owner Is Absent And Remote.
Can Also Be Purchased With Same Chain Stores In Other States.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building Sq. Ft.:
800
Lease Expiration:
11/30/2024
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
High-end finishes and fixtures, 600 sf, Located in a shopping mall with 215 stores, Expense is $7000 per month including rent and utilities
Growth & Expansion:
Can add other product lines such as Jewelry
Support & Training:
Training Provided, Support for Ordering from wholesale provided
Reason for Selling:
Seller has other businesses
Franchise:
This business is an established franchise

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Donald Wang

Business Listed By:
Donald Wang

Elite View Realty Inc.

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