Highly profitable and well established retail jewellery sales and jewellery repair services business that draws from a wide regional geographic catchment that includes a loyal local and tourist clientele.
The business offers a diverse range of jewellery-related products and services, including jewellery sales, repairs and remakes, timepieces, diamonds and faceted gemstones, crystals, fine art and complementary retail offerings. The business is particularly well regarded for its gemstone and jewellery expertise, supported by long-standing industry relationships with buying groups, Australian gemstone suppliers, sapphire mines and lapidaries.
A highly qualified subcontract jeweller currently works onsite within the business with a dedicated bench and equipment, supporting established workshop and repair capabilities, including jewellery repairs and remaking, pearl threading, engraving, watch and clock repairs, valuations and more. This enables efficient turnaround times across many services, including same-day or next-day completion for a large proportion of repair work — a level of personalised service not commonly offered by larger retail chains. The subcontract jeweller would be open to discussing continuing arrangements with suitable new owners independently of the business sale.
The business also benefits from an active online store, established social media presence, long-standing supplier relationships, and membership within a national jewellery buying group, providing favourable supplier terms and strong industry support networks. An established customer database of approximately 12,000 contacts and a second-hand dealer’s licence further contribute to the depth and stability of the operation.
The business is being offered for sale due to retirement, presenting an opportunity for a motivated purchaser to acquire a respected long-standing regional business with an established reputation, loyal customer following and future growth potential through continued online expansion, complementary product development and tapping into the area's tourist scene near Mount Dandenong and the Yarra Valley and wedding trade.
