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Long Standing Jewellery Business Sydney.. New Listing. For Sale

New South Wales, Australia
Asking Price:
$155,000 (AUD)
Sales Revenue:
$150,000 (AUD)
Cash Flow:
Available on request

BUSINESS:
Established 15 years with same owner
Introducing an established Jewellery Store with a Pawn Broker licence
Premises offer a large retail space plus a workshop, kitchen area, easy access and
Offering custom-made jewellery, repairs and retail stock 5 days a week, this leasehold business includes a good client base and plenty of repeat business.
With an added bonus here is the Pawn Broker licence, which is currently not being used to its full potential and could further boost your profits.
The business currently trades Tuesday to Friday, 9am to 5pm, and Saturday, 9am to 2pm. There’s clearly an opportunity to extend the hours if desired.
With a low rent of $450 per week, plus an excellent landlord & long-term lease, the shop includes quality wood and glass cabinets, a safe and security cameras and doors.
This owner-operator jewellery store shows a consistent turnover of $150,000 a year and a good profit margin, with no competition.
This is a perfect opportunity for a jeweller, or you could just run it as a retail store and outsource the repairs and custom work, whilst cashing in on the Pawn Broker licence
Owner will stay on for smooth transition and introduce to suppliers
LOCATION:
Located Great Wester Highway with
Canterbury -Bankstown region
Heaps of foot traffic
Train Station within short walking distance
Bus Stops at door
25 K ‘s from CBD Sydney
plenty of customer parking.
FINANCIALS:
Turnover: $150,000 PA

ASKING PRICE: $155,000 INCLUDING STOCK (approx. $200,000)

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