Watch Store for Sale in Bulgaria
For sale: Established Swiss watch retailer and jewellery shop.
This transaction has concluded.
Premium Plan
| Established | 30-40 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 235 thousand |
| Run Rate Sales | USD 250 thousand |
| EBITDA Margin | 33 % |
| Industries | Jewellery + 1 more |
| Locations | Bulgaria |
| Local Time | 3:16 AM Europe / Sofia |
| Listed By | Advisor / Business Broker |
| Status | Active |
Full Sale
Asking Price:
USD
360 thousand
(Native Currency: BGN 600,000)
Reason: The owner wishes to retire.
Note: we charge a success fee of 1.5% from the buyer.
Note: we charge a success fee of 1.5% from the buyer.
Includes physical assets worth
USD
228 thousand
Interested to connect with advisors
Business Overview
- Business is currently being sold for a discounted price.
- Watch retailers with a physical store and an online presence.
- For 30 years the business has offered carefully selected collections of high-quality watches and jewellery from leading global brands.
- Their focus is to follow world trends and offer the latest and most modern products.
- This luxury shop's premises are located in the most popular and central trading area in one of the major cities on the Black sea coast.
- Company has had a steady growth in assets. Constant revenue growth with it’s peak before the pandemic. In 2021, the revenue has reached back to the level it was in 2019.
Competitive advantages and business strengths:
• Established long-term relationships with clients developed under the concept to think of them as ‘friends of the business’
• Detailed knowledge of the preferences of target clients.
• An established team of dedicated sales consultants.
• Trusted partner of Swiss watch manufacturers.
Business prospects.
• Increasing the volume of sales through more focused online marketing and sales.
• Introducing new products and brands.
- This transaction is being handled by a Bulgarian business broker with offices around Bulgaria.
- Watch retailers with a physical store and an online presence.
- For 30 years the business has offered carefully selected collections of high-quality watches and jewellery from leading global brands.
- Their focus is to follow world trends and offer the latest and most modern products.
- This luxury shop's premises are located in the most popular and central trading area in one of the major cities on the Black sea coast.
- Company has had a steady growth in assets. Constant revenue growth with it’s peak before the pandemic. In 2021, the revenue has reached back to the level it was in 2019.
Competitive advantages and business strengths:
• Established long-term relationships with clients developed under the concept to think of them as ‘friends of the business’
• Detailed knowledge of the preferences of target clients.
• An established team of dedicated sales consultants.
• Trusted partner of Swiss watch manufacturers.
Business prospects.
• Increasing the volume of sales through more focused online marketing and sales.
• Introducing new products and brands.
- This transaction is being handled by a Bulgarian business broker with offices around Bulgaria.
Products & Services Overview
Collection includes gents and ladies wristwatches and ladies jewellery of famous world brands. After sale services ensure fast watch repairs completed by professionals.
Assets Overview
- The company's physical assets include FF&E and product stock.- Intangible assets include know-how, existing contracts with suppliers, e-commerce platforms, and active profiles on social networks.
Facilities Overview
Business operates out of approx. 50 sq. m rented shop premises and e-commerce sales platform.
Capitalization Overview
The business is free of debts. Furniture, equipment and stock are paid in full. Current payables are according to normal trade transactions.
Recent Activity
-
Earlier than 15 daysFounder, Healthcare Supply And Services, Pune, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysFounding Director, Investment, Sofia, Individual Investor / Buyer connected with the Business
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