Business ID:XB------ - Established Jewellery Business with Loyal Client Base & Multiple Revenue Streams
An exceptional opportunity to acquire one of Yass' most respected retail jewellery businesses. Established for more than 40 years, this well-known business has built an outstanding reputation for quality products, expert craftsmanship and personalised customer service, attracting loyal locals as well as customers from Canberra and surrounding regions.
Positioned in a prominent Main Street location with strong foot traffic, this fully equipped business offers a diverse range of products and services, providing multiple income streams and an excellent foundation for future growth.
Business Highlights
- Established for over 40 years with the current owner successfully operating the business for 12 years
- Prime Main Street location between the post office and bank
- Wide range of services including jewellery repairs, restorations, custom engraving, valuations, cleaning, maintenance, watch battery replacement and gift certificates
- Curated selection of jewellery, watches and giftware, including custom-designed pieces
- Spacious and secure premises comprising:
- 75sqm retail showroom
- 7sqm office
- 11sqm workshop
- 5.5sqm strong room
- 26sqm storeroom
- Well-established customer base with repeat business from locals, visitors and Canberra clientele
- Active social media presence supported by strong word-of-mouth referrals
- Experienced team in place, including two senior casual staff and two junior casual employees
- Affordable rent of $3,257.65 per month
- Extensive plant and equipment included, featuring display cabinets, POS system, Gravograph engraving equipment, ring and bangle engravers, workshop machinery, office furniture, strong room, safe, polishing equipment and a comprehensive 12-camera security system
- Stock valued between $450,000 and $500,000 (Stock at Value)
- Smooth transition with one month's training plus an additional month of phone support, with a long-term staff member remaining to assist
Yass is experiencing continued residential growth, creating increasing demand for quality retail services. There is significant opportunity to further expand the business through eCommerce, enhanced digital marketing, online jewellery sales, custom design services, luxury giftware, or additional specialist jewellery offerings.
This is an ideal opportunity for a jeweller, retailer, family business or investor seeking a profitable, well-established business with a trusted reputation and outstanding growth potential.
Price: $100,000 + SAV
Property Code: 3688
