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.
Long lease renegotiable
FINANCIALS:
Turnover: $150,000 PA
Asking price: drastically reduced to an asset sale $85,000
