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Clock Sales & Repairs

Location  Washington,United States
Asking Price Range  < $250K
Gross Revenues  $228015
Net Profit / Cash Flow  $61115
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1979
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Owned
Description  This shop was established in 1974 and was purchased by the present owners in 1999. The shop was relocated to a high traffic area with twice as much traffic as before. They have 16' windows. The new location is 1/3 less rent than the previous location. They sell all types of clocks, both windup and electric, including grandfather clocks by Howard Miller. Repairs are the overwhelming part of this business. They have more repair calls than they can handle. They need at least one repair person. The present repair person will stay with the business. This is the only certified repair shop for Howard Miller clocks in the area. The business has doubled in size in the seven years that the present owners have been operating it and could double again with the right person running it. The growth in the area is overwhelming. Wal-Mart is going across the street. Business is up 20%. Assets include $25,000 of inventory and $18,000 equipment, fixtures, furnishings and other assets. Located in Southwest Washington.
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