Leasing space is in a popular, new, quaint shopping center with boutiques and restaurants. This is a year-round business. 75% of the annual gross income comes from replacement of watch batteries, sales of watch bands, cleaning/services of time-pieces. Restoration of high-end timepieces yields profit in the 70% range.
The owner wants to semi-retire but is willing to stay on for a few years as consultant and watchmaker. Services can easily be expanded to include the buying of gold, sale of gift and accessory items. Business also currently includes sale of items on consignment; grandfather clocks, vintage pocket watches and estate jewelry. Current advertising is by work-of-mouth with referrals from satisfied, regular and new customers. Owners are known for their reliable, specialized services and outstanding reputation in the community!

The options for interested parties: An existing jeweler may want to incorporate this already thriving small business into their own operation/clientele. Professional services include vintage watch sales, purchasing/appraisal of gold pieces, the buying and selling of antique clocks, maintaining and servicing of automatic/complicated watches, house-calls for grandfather clocks, jewelry repair of delicate and valuable silver, gold and platinum pendants, rings, bracelets. Also included are antiques and collectibles.

This business model is primarily a service business with minimal retail of new products and a new buyer with some capital and expertise in fine jewelry could see revenues increase substantially from sales plus the expert watchmaker services.