Fine Diamond and Gemstone Jewellery Retailer - Brisbane, QLD

Morningside QLD · Health & Beauty · Jewellery Store

Health & Beauty Manufacturing General Retail Jewellery Store Jewellery Manufacturing

Asking price $500k plus stock

Not checked by Business For Sale Send enquiry

Not checked by Business For Sale

01 · THE OVERVIEW

About this business

In the broker's words

Full description, as written by the broker

TURNOVER $700K - EXCELLENT ROI - LONG TRADING HISTORY

This is an exceptional and unique opportunity to acquire an award-winning Diamond Jewellery Shop in one of Brisbane’s most affluent suburbs.

Tightly held by the owner since its launch in 2012, this rare find offers a prominent location with over 1000 regular clients and no nearby competition.

BUSINESS HIGHLIGHTS

Well known retailer of fine diamond and gemstone jewellery, set mainly in 18 kt gold, custom made pieces, repairs, and ongoing jewellery maintenance
Proven trading history with a strong turnover and approx. 25% ROI
Only diamond jewellery shop in the immediate area - Database of over 1000 regular clients
Highly desirable premises (approx. 60 sqm) with an expensive fit out (approx. $250k) - Ample room to place more cabinets if needed
Longstanding supplier partnerships built on over a decade of experience
Custom pieces are made locally by employed jewellers - Wedding bands are sourced from a local manufacturer in Australia
Strong social media presence plus several diamond VIP events during the year which generate excellent sales
Regular clients usually buy high-ticketed items - VIP clients have been purchasing from the shop for over 8 years, some since launch
Long and recognised involvement with many philanthropic events and charities
Excellent assets, including jewellery cabinets, 2 big safes, full alarm system, camera and monitoring security system, ceiling mounted air conditioning system, security electronic shutters built on a timer
One month’s training provided - Current owner needs to focus on other businesses
Business is WIWO ready to keep trading with no down time.

Given its prominent position in a fast-growing affluent suburb, this long-established business offers huge potential to a buyer with time to give it the attention it deserves.

The new owner could sell other jewellery-related products and expand the offerings to include lower-priced items, like silver-based jewellery and laboratory-created diamonds.

Price: $500k plus stock (stock value to sell can be negotiated)

02 · KEY FACTS

Key facts

Details are as stated by the broker.

Business type: Jewellery Store
Reason for sale: Current owner needs to focus on other businesses (from the broker's description)
Established: 2012 (from the broker's description)

Details are as stated by the broker in the description and have not been checked by Business For Sale.

03 · LOCATION