Internal Ref: 4856
Summary
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 ra
About the Business
Business ID: XB161655
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)
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