Watch Store for Sale in Moscow, Russia

Moscow based manufacturer of handcrafted 60-70 watches per month and selling via social channels.

Established
Employees
Legal Entity
Reported Sales
Run Rate Sales USD 24 thousand
EBITDA Margin 20 - 30 %
Industries Watch Stores
Locations  Moscow
Local Time 4:24 AM Kazakhstan
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Full Sale
Asking Price: USD 40 thousand (Native Currency: RUB 3,000,000)
Reason: Founders have switched to another business and do not have the time to devote.
Includes physical assets worth USD 26 thousand
Interested to connect with advisors
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Business Name
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Product
Product Design
Business Overview

- Manufactures men's and women's watches and sells them under their own brand that is trademarked.

- Raw materials are bought from a supplier in Moscow.

- Manufacturing is outsourced to a few local vendors.

- We make about 70 watches in a month and sell it using Instagram, our own website, and to 4 retail shops in Moscow.

- Maximum revenue is generated via our Instagram channel that has 17,000 followers.

- The average price of each watch is RUB 8000.

- We purchase traffic from 2-3 mediators for our social media accounts and that is the main way of marketing.

- Currently, due to the pandemic, the sales have dropped and we have sold approximately 30 watches last month.

- Our watches are sold all over the world.

- We are one of the first watch brand selling hand crafted watches in Russia.

- Have served more than 3,000+ customers in the past year.

- Our website has a DA of 18 and about 15,000 visitors in a day.

- Anyone who takes up the business will have to hire employees to run the business.

Products & Services Overview

Quartz wristwatches combining rare wood species and stainless steel.

Assets Overview

Assets include a stock of 400 watches that is worth RUB 2 million.

The buyer will receive the blueprint technology, social media accounts, and the customer database as well as the references.

Facilities Overview
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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