Watch Store for Sale in Vadodara, India
For Sale: Well established retail store selling branded watches in Vadodara.
| Established | 20-30 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 194 thousand |
| Run Rate Sales | USD 190 thousand |
| EBITDA Margin | 17 % |
| Industries | Watch Stores |
| Locations | Vadodara |
| Local Time | 2:25 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
116 thousand
(Native Currency: INR 10,000,000)
Reason: Owner is looking to focus on his other business.
Includes physical assets worth
USD
88 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- We sell branded watches such as - Titan, Timex, Casio, Tommy Hillfiger, Fossil among other brands. We also sell wall clocks.
- Before the lock-down we used to receive an average of more than 30 daily walk-ins.
- We have a walk-in conversion ratio of 75%.
- Our shop is well established in the market and we have many loyal customers.
- Located in a prime area surrounded by many commercial stores.
- We purchase watches from 5 distributors and sometimes directly from the manufacturer.
- Revenue has reduced due to COVID-19.
- Physical assets are store setup and inventory - clocks and watches.
- Sale would include entire business and inventory.
- Before the lock-down we used to receive an average of more than 30 daily walk-ins.
- We have a walk-in conversion ratio of 75%.
- Our shop is well established in the market and we have many loyal customers.
- Located in a prime area surrounded by many commercial stores.
- We purchase watches from 5 distributors and sometimes directly from the manufacturer.
- Revenue has reduced due to COVID-19.
- Physical assets are store setup and inventory - clocks and watches.
- Sale would include entire business and inventory.
Products & Services Overview
We sell branded watches such as - Titan, Timex, Casio, Tommy Hillfiger, Fossil Fastrack, Danish Design, Jean Fendi, Sonata, Maxima, Lamex, Q & Q, Sage, Woodcraft. We also sell wall clocks.
Facilities Overview
Store is leased and has an area of 850 Sq. Ft.The monthly rent is INR 75,000 and the property has a balance lease period of 6 years. It is renewable post this period. The store is equipped with CCTV and AC.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysSBU Head, Plastics Manufacturer, Vadodara, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysIndividual Advisor, Mumbai, Business Broker connected with the Business
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