Established Minneapolis Metro clock and watch repair business. Over $100K in cash flow. SBA financing. $23,600 Down. 53513

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  • Primary Industry: Other Retail

Established Minneapolis Metro clock and watch repair business. This business has been consistently rated as the finest in the area, providing high-quality repair services for various clock brands. With a friendly and customer-focused approach, they have built a strong reputation and received numerous positive reviews.

Key features:

Prime location: Situated in a Mainstreet Business District, this shop enjoys great accessibility and offers free on-street parking.

Extensive expertise: Certified clockmakers specialize in repairing Jaeger-LeCoultre Atmos, Kuempel, Hermle, Seth Thomas, Kieninger, Urgos, Howard Miller, Jauch, and other clock movements.

Watch repair services: They have professional watch repair specialists who handle high-end mechanical watches, family heirlooms, and everyday wristwatches. Battery replacements are done on-site.

Additional services: They make house calls after business hours in the Minneapolis/St. Paul metro area, and customers can also ship their clocks for repair.

Reputation: They have received the prestigious Angie's List Super Service Award for over 10 consecutive years.

The ideal buyer for this clock repair business would be a skilled and detail-oriented individual with a passion for restoring and working with their hands. Experience or training in clock and watch repair would be beneficial, but not required.

$26,600 down buys over $100K in cash flow.

Sunbelt Listing ID: 53513

Financial Information

  • $200,000 Asking Price
  • $101,499 Cash Flow
  • $254,520 Gross Revenue
  • $26,600 Down Payment

Business Location

  • City: Confidential
  • State: Minnesota

Reason for Sale

  • Retirement

Detailed information

  • Year Established: 2002
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: Yes
  • Full-Time Employees: 1
  • Part-Time Employees: 1
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Inventory Included: Yes
  • Inventory Value: On request
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: $0
  • Building Size: 1000
  • FF&E Included?: No
Business Listed by
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Sunbelt Business Advisors
Sunbelt of Minneapolis
Show Phone Number
Listing ID
MINNEMN003-53513

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