Price
$375,000 + SAV
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Gold Coast Region, Gold Coast
Category
Retail, Clothing/Accessories
Listing #
GC00703
2021 Net Profit $344,607
* Renowned for its’ exquisite and extensive fine jewellery range, unique custom jewellery manufacturing, and substantial collection of luxury brand watches
* Well established and trusted name in industry – servicing the Gold Coast and South East QLD for 37 years
* Strong brand recognition. This business does not compete in the lower and middle ends of the jewellery marketplace
* Largest single retailer of Rolex watches in Queensland
* Situated in prime location of busy central area, attracting locals and tourists alike
* Attractive shop fit-out. No expense has been spared. Store presents extremely well with a luxurious and elegant appeal
* High value plant and equipment list, including $150,000 built-in “bank style” safe
* Good lease with spacious premises. Rent is only $985 per week
* Efficient systems and procedures in place. Very easily operated business
* Great nest egg opportunity for investor or potential bolt-on for interstate / international purchaser to expand into the South East QLD marketplace
* Would also suit owner/operator looking for a sophisticated and stylish lifestyle change
Asking Price: $375,000 + SAV
A Confidentiality Agreement must be completed before further information will be disclosed. For full details contact Myron Plumb
Ref: GC00703
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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