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Long established Jewellery store Western Sydney NEW LISTING.

$155,000.00 Retail / Business For Sale
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Business:

 

  • Established 15 years ago, it still boasts the same location on a busy main road with plenty of foot traffic from the train station and bus stop out the front.
  • Introducing an established Jewellery Store with a Pawn Broker licence
  • Located Greater Western Sydney – Canterbury-Bankstown Region NSW
  • Just 25km from the CBD, the premises offer a large retail space plus a workshop, kitchen area, easy access and plenty of customer parking.
  • 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.
  • 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.
  •  

FINANCIALS:

 

  • Turnover: $150,000 PA
  • Asking price: $155,000 including stock
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Business Broker
Member since 13/11/2019

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Listing Details

  • Asking Price
  • $155,000.00
  • Price Comments
  • +Stock at Valuation (SAV)
  • Status
  • Business For Sale
  • Business Type
  • Retail
  • Business Established
  • 15 years
  • Sales
  • $150,000
  • Est. Stock
  • $200,000
  • Training
  • Owner will assist to a smooth transition