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Established Swiss Watch Retailer For Sale

Varna, Varna, Bulgaria
Asking Price:
€355,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
€218,000
Cash Flow:
€61,000

For more than 25 years the company has been offering carefully selected collections of high quality watches and jewellery from leading world manufacturers. The company is an official representative of famous Swiss brands. The focus of the work is to constantly follow the world trends, offering the latest and most modern products. The company also offers after sale support and repair.

The company has luxuriously furnished store located in the central part of Varna for 22 years. Sales volume increased after the introduction of online store. The target customers are all those who appreciate Swiss watches and jewellery of world famous brands.

Competitive advantages and business strengths:
- Detailed knowledge of the preferences of target clients - they come to us because the watch they wear matters to them the same as it matters to us;
- Established long-term relationships with clients - we like to think of them as ‘friends of the business’;
- Positive image among suppliers and clients.
- SEO optimized online store.

Business prospects:
- Increasing the volume of sales through active online marketing;
- Introducing new products and brands;.

Property Information

Location:

Prime high street location, which is frequently visited by locals and tourists

Premises Details:

Luxury shop premises

Business Operation

Expansion Potential:

Business prospects:
- Increasing the volume of sales through active online marketing;
- Introducing new products and brands;

Competition / Market:

Local competition is primarily focused at different market niche

Reasons for selling:

Retirement

Trading hours:

7 days a week, extended working hours

Employees:
4
Years established:
1992

Other Information

Support & training:

The owner is willing to provide support and training

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

We may assist the eligible buyer to find financing

Furniture / Fixtures value:
€10,000 - included in the asking price
Inventory / Stock value:
€220,000 - included in the asking price

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