Banbury, Inc. is exclusively a business brokerage company. We only sell businesses (and associated real property). Our specialists value and market "main street" and "lower mid-market" businesses up to $20MM in revenue and 500 employees.
Banbury, Inc. is licensed to sell businesses as a real estate corporation in Washington.
Gig Harbor, WA
The business has over 12 years of experience in the marine industry in Gig Harbor and throughout the Puget Sound, specializing in:
DIAGNOSTICS - REPAIR - UPGRADES - INSTALLATIONS
Full Service Yacht Management Service
Electrical Systems & Upgrades
Shaft Dripless Seals & Alignment
Galvanic Corrosion Inspections & Troubleshooting
The business has established a reputation for high quality service and attention to detail with boat owners, refit yards and boat builders, throughout the Pacific Northwest.
This auto repair shop was established in 1962 and has been operating very successfully ever since. With a well established clientele and a great location this shop is always busy. The business, equipment and property all sell together. The building is a solid well-built and maintained. This is a turn-key operational.
Property has recent Phase I and Phase II Environmental Site Assessments.
Feel free to call or email for more information or pictures.
Only one month left to buy our store then after Dec. 23rd we are retiring after 27 years of proven success. Exceptional opportunity for jeweler/entrepreneur to purchase custom jewelry store in upscale community. We have a back log of over 3 months of custom work to do. Gig Harbor was rated the 5th Best small town to live in, "in the United States" by Smithsonian Magazine in 2012. Established 27 years ago in the same spot the store has a high end specialty customer base in attractive retail core. Across the street from the water and a beautiful picturesque harbor with Mt. Rainer. Affluent community with loyal customer base with seasonal established tourist sales. Sales exceed $500K/year with attractive profit margins and cash flow. Long term, low cost lease preapproved and arranged. Established customer list, procedures and processes for a turnkey operation. We occupy the historic building on tour route as the first courthouse in town.
Location! Location! Location! This is the heart of the water front in downtown Gig Harbor. Surrounded by restaurants and shops that are open 7 days a week. The store has 27 yrs. of referrals & repeat customers. Your walking into a proven store with 27 yrs. more of success.
Company website has a power point slide show reviewing personal & business history of the last 33 yrs. Many newspapers & articles have chronicled the progress from start -up to current success level.
In 1987 seller moved to Gig Harbor and was producing sufficient jewelry for presence in 5 galleries. Two were in Gig Harbor, one in Seattle's Pioneer Square, one in Bellevue Mall and one in Issaquah. He was also selling direct to the public through shows and word of mouth. This led to opening the retail workshop and studio in Gig Harbor which has successfully operated for 27 years. By the end of 2012 we had announced that we were reducing store hours. Now, in 2014 we are still open 3 days a week for sales and client meetings, with the balance of the week devoted to jewelry production.
Full service custom designing of jewelry from small pieces to wedding sets and anniversary pieces. Redesigns on existing pieces, repairs, alters, insurance replacements, restringing, cleaning, inspections, maintenance, polishing, watch repair, appraisals constitute the range of fee activities. Consulting in home and studio on estate pieces and inheritance jewelry is also provided.
Business can be open as much as seven days a week, 9am to 6pm or any significant part time basis, as long as customer demand is met. Margins and cost control insure profit at any level of operations.
Value substantiated by discretionary cash flow method with multiplier or multiplier of annual sales. Either way you look at it the asking price is under valued.
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