Designer Watch Store For Sale
Extremely Profitable with Excellent Income
This business is sold
Immaculate watch & accessory store that sells quality designer & brand names. In a very high profile location. Beautifully fixtured store in a prestigious North GTA shopping mall.
Extremely profitable with phenomenal revenue & earnings growth consistently - year over year.
2008 sales were $732,000. 2009 sales currently trending to reach approximately $850,000.
2008 earnings of $115,000 to owner/operators – 2009 is trending much higher, year to date. All figures are verifiable.
Strong Revenue Growth Continues into 2009:
2008 (January - March) Revenue: $99,852
2009 (January - March) Revenue:
$129,345
Store location is perfect – high traffic with a great demographic. All fixtures are in excellent condition and of highest quality. Store carries numerous major designer labels and caters to a younger clientele with discerning tastes.
The business has been in operation for over 3 years. As a franchise, it enjoys purchasing power and access to the major designer lines that an independent would not otherwise have. No industry experience is necessary (current owners had none). Full transition training to new owners plus support from the franchise.
Price: $299,000 + inv. $100,000.
Owners prefer share sale but would be open to an asset sale from the right buyer.
This information was provided by the seller of the business. The listing brokerage has not sought to verify this information in
any way. No warranties or representation is made as to the accuracy
of this information by the listing brokerage.