 Background:
Reason for Sale: Looking for Investor/Partner Financials
* YTD as of None..., ** = Prorated. |
Broker Info
SummaryFor sale is an equity stake in a company that develops and manufactures sophisticated, and distinctive watches that reflect a mid 20th Century design. The owner is a world renowned authority on vintage and contemporary watches, appearing regularly as an appraiser on the Antiques Road Show. He has a tremendous breadth of experience working with watch designs over the last 100 years and has selected a few concepts he wants to take into production. He is looking to partner with an experienced marketer of watches, or other luxury goods, to the retail industry and Internet markets. The manufacturing is done over seas. The company essentially designs, markets and distributes the watches. Target market price at retail is at $625 a piece. The asking price is based on his current invested costs in the company, and would be reinvested in the company. Any other expenses would be split evenly, as would the profits. Interested parties should register online at www.BizEx.net and call Michael S. Davidson at 310-882-2200 Ext 101. More Details |
DISCLAIMER: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.