Bespoke Jewellery Manufacturer – Enviable lifestyle - $270kpa for working owner
Offering a location and lifestyle most can only dream about this business has been successfully trading for over 25 years creating unique personalised jewellery.
The customised jewellery market is experiencing significant growth with the global market forecast to increase approximately 8.5% year on year. This is further supported by a McKinsey survey in which 70% of young consumers said they are willing to spend more on a distinctive piece of personalised jewellery that resonates with their individuality. Overall, this trend is driven by consumer demand for personalised pieces that reflect their values and tastes, with high aesthetic appeal they often have profound meaning for the owner or recipient.
Operating from a retail outlet the owner is supported by two other jewellers and a setter; all highly experienced and keen to stay with the business.
Situated in the hills of the Northern Rivers, just a 20-minute drive from Byron Bay and within easy reach of the Gold Coast, the business benefits from being on the must do lists for many of the 4.7 million visitors to the Northern Rivers region each year.
Other important information to consider:
Income for the owner, over the past three years, has averaged $270,000pa with the retail shop opening only 3 days weekly
Retail shop could extend its opening hours during holiday periods to “cash in” on the tourist trade
The owner/designer is prepared to remain with the business if required
A long Lease is in place
The business is only open three days a week; beyond some social media there has been limited attempt to promote the business as it benefits from the best kind of marketing – referrals via word of mouth!
This business has a long history of profitability, robust systems in place and an owner who is flexible on what the handover would look like and is committed to a successful transition. Straight forward to own and manage, these businesses are very desirable because of their outstanding cash-flow and zero debtors.
$255k + SAV
Eamonn Bicknell: xxxxx
