Jewellery Store in Greater Western Sydney Canterbury-Bankstown Region

7 days ago

Location:
Sydney 2000 > Sydney - Greater > New South Wales

Investment level:
$110,000

Type:
Business

Industry:
Retail > Fashion

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Summary

Business ID: CTOC1543Established 15 years. No competition in the area. Owner operator with consistent T/O $150K and good profit margin.This business was established by current owner of 15 years. Sa...

About the Business

Business ID: CTOC1543

Established 15 years. No competition in the area. Owner operator with consistent T/O $150K and good profit margin.

This business was established by current owner of 15 years. Same location on busy main road in the Canterbury-Bankstown region, 25kms west of Sydney’s CBD.

-One man operation providing a good steady income for owner

-Busy location with plenty of foot traffic from train station and bus stop out the front

-Easy access and plenty of customer parking

-Good client base and repeat business, offering custom made jewellery, repairs and retail stock

-Large retail space plus workshop and kitchen area

-Quality wood and glass cabinets, safe, security cameras and doors

-Holds Pawn Broker licence not currently being utilised to its full potential

-Low rent $450 per week with excellent landlord and long term lease

-Currently trading Tues – Friday 9 –5pm, Saturday 9 – 2pm, closed Sun and Monday. Opportunity to extend hours if desired.

-Training period provided for smooth transition

Perfect for jeweller or can be run just as a retail store and outsource for repairs and custom work, plus the added bonus of increasing profits by utilising Pawn Broker licence.

Price $110,000 + Stock (negotiable on sale)

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