Summary
All hand making tools and equipment, Information, display boxes, and ample amount of stock with ongoing training included. Business is at probably 1/3 potential. $30,000 turnover over five years.
Revenue
$2,500 pm
Rent
$0 pm
Expenses
$1,100 pm
Net Profit
$1,400 pm
Location Details
3/19 St Johns Ave
Mangerton. Home shed.
Potential
The business has a potential to increase by three or four times. At present I work 15 hours a week, and conduct 40 markets per year. There are many more markets available to do. The jewelry is all handmade, but other jewelry could be introduced to supplement the display. All training and information on suppliers, Markets, etc. would be available for as long as needed.
Skills
Jewelry making techniques would be necessary, but I am willing to train any prospective buyer.
Hours
30 to 40 hours per week manufacturing. 16 to 24 hrs attending markets. (8hrs per market)
Lease
Not applicable
Employees
Not applicable
Reason for Sale
I am now 70 years old, and I have built this business up from scratch. There is the potential to add many more sophisticated tools and equipment when necessary, and all training and information will be available whenever necessary. I am now retiring.
About the Business
Handmade sterling silver jewelry. There is also other materials use such as copper and cutlery jewelry, which is silver plated nickel. All jewelry is manufactured from Stirling silver at present, which is in the form of sheet and wire. It will be up to the owner to choose what they use to make the jewelry, but the name of the business will also come with it. It is registered as a soul trader. - Simplee Silver. I have been doing Markets for the past seven years, and have turned over $30,000 each year. I have only been attending two different marketplace over the last five years at Windsor on the Hawkesbury River and Mittagong in the Southern Highlands. I have regular customers at both locations, but there are many other potential marketplace for this product. I have not built it into a full-time business because for me it has been a retirement hobby, but it has built into a very regular and profitable small business.
Should you buy this business, I will be more than happy to assist you with manufacturing and mentoring you until you are comfortable in keeping the business going for yourself and running it under your management and style.
History
I started this business when I retired from teaching, to give myself something to keep myself busy in retirement. I never thought of it as building into a small profitable business, as it was more about giving me focus and looking after my mental health and my physical health as well.
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