Business For Sale Listing 141813
Clock Sales & Repairs
Status as of Nov-22-2008 at 06:02 PM: Active
Business Summary
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 more 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 7 years 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. Gross sales of $228,015 with an adjusted cash flow of $61,115. Business is up 20%. Assets include $30K Inventory and $31K Other Assets. Priced at $99,000. Located in Southwest Washington. Ask for portfolio number 0013.
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