Watches for Women - Design ,Manufacturing ,Importing and Sales

Philadelphia, PA (Philadelphia County) (Relocatable)

Seller Financing Available
Watches and Jewlery that tells time !
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Asking Price: Get Financing: $1,450,000

Cash Flow: $412,000

Gross Revenue: $3,000,000

EBITDA: N/A

FF&E: $45,000

Inventory: $100,000*

Lease Rate: $2,000 /Month

Established: 1991

*not included in asking price.

Watches for Women - Design ,Manufacturing ,Importing and Sales

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Business Description

Since 1991 , the company designs Watches in the USA using a vast ambitious designs that exude an edge and elegance.
Well known brands are being built using different materials to include sterling silver, gems, pearls,precious stones and diamonds. All watches are being built by professional watch makers and specialty watch manufacturers outside the USA . The company maintains high standards of quality control at the manufacturing site as well as maintaining spare parts in its USA offices.
The company operates under 6 different brands ,all different price points .The company uses a unique selling platform to showcase and sale the watches.
The founders like to say that they create Jewelry that tells time.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
800
Lease Expiration:
10/2/2020
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Office used for design and management.
Competition:
Company has a marketing advantage.
Growth & Expansion:
Company can promote sales in other markets that are not being pursued currently.
Financing:
Seller is willing to finance a part of the purchase price.
Support & Training:
Seller is willing to stay ,train and participate in future sales programs.
Reason for Selling:
Other interests.
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(from currently available funds)
 
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Jay M. Inbar,Certified Mergers &Acquisition Pro

Business Listed By:
Jay M. Inbar

Inbar Group Inc - Business Brokers

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Indicates membership in The New York Association of Business Brokers (NYABB).


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