Retail Jewellery, Watches and Giftware – Yass, NSW

Yass NSW
Asking Price $100,000
About
Business ID:BS156721

MULTIPLE INCOME STREAMS – ESTABLISHED 40+ YEARS – NEW MODERN FITOUT  

Located in the growing town of Yass, this multi-faceted business offers a diverse product range, engraving, and custom jewellery design to a wide range of customers. Attracting shoppers from as far away as Canberra, this turnkey business offers a Prime Main Street location, state-of-the-art equipment, and unlimited potential.  This is the perfect opportunity for someone wanting to be their own boss and not work long hours - or a jeweller seeking a change of pace from the city.

BUSINESS HIGHLIGHTS:

   -  Offers jewellery repair and restoration, all types of engraving services, jewellery appraisal services, jewellery cleaning and maintenance, gift certificates, and watch battery replacement



   -  Independent retailer with a large range of unique pieces



   -  Well known for custom jewellery, offering customers personalised pieces to suit their needs



   -  Operating for over 40 years – Current owner for 12 years - Trusted reputation



   -  Spacious premises within the main retail area - between a bank and post office



   -  New modern fit-out: Shop front (75sqm) with large glass windows, Office (7sqm), Workshop (11sqm), Strong room (5.5sqm), Back storeroom (26sqm)



   -  No competition - Carefully curated and varied inventory with wide appeal



   -  Customers include Locals, travelers and Canberra residents - Celebration shoppers, Jewellery collectors, Luxury shoppers, Gift shoppers, Tourists



   -  Marketed via Facebook, Instagram, Reputation



   -  Run by owner-operator plus 2 senior staff members and 3 juniors - all casual



   -  Extensive assets list – including all cabinets, POS system, Gravograph engraver, Ring/bangle engraver, Computer for engravers, work bench, office furniture and equipment, Walk in Strongroom, Small safe, Ionic and Ultrasonic cleaners, Polisher, Tumbler cleaner, Garden shed, 2 security systems (12 cameras)



   -  Stock value at time of sale between $450,000 to $500,000



   -  1 month’s training plus phone help for another month plus long-term staff member who knows the business inside out.  



This trusted and successful business comes with excellent potential should the buyer wish to expand and grow. Yass is growing with large new subdivisions underway, bringing more residents to town, which will potentially increase sales. There is also potential to grow the online presence and eCommerce, digital marketing, and social media, and diversify inventory.

The new owner might also collaborate with designers, artists, and influencers to reach new audiences – and add additional services, such as Jewellery Rental and second-hand jewellery.

PRICE: $100,000 + SAV

Property Code: 3688
        
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