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Leading Watch Parts Suppler Closing Out Sale

Leading Watch Parts Suppler Closing Out Sale

Los Angeles County, CA

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Overview

Year Established
1948
Inventory
$1,000,000 (Not included in asking price)
Property
Leasehold
Rent
$5713
Lease Expiration
Jun 30, 2026
Area
2600 sq.ft.

Business

Description

This is a storefront lease transfer with sale of inventory and FF&E. Established in 1948, Seller has a strong industry reputation and long-standing relationships with loyal customers and vendors, once serving professional and hobbyist watchmakers across the U.S., Canada, Mexico, the U.K.As the owner prepares to retire, the business is currently operated at a minimal level with no employees, resulting in reduced order volume. This creates an opportunity for a buyer with watch repair experience to revitalize operations and drive growth, particularly through e-commerce while maintaining the existing storefront. As an asset/inventory sale, historical financials may be provided only for reference LA11803

Sale

Reason for Selling

Seller retiring

Training/Support

2 weeks, 20 hours per week

Premises

Location

Los Angeles County, CA

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Ad Id: qk2388 | LA11803