Netting owner $270Kpa - Passive Investor Opportunity

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Eamonn Bicknell
 

Internal Ref: 9088

Summary

Exceptional income, envivable lifestyle, retails only 3 days per week, 3 experienced staff to remain, the owner happy to remain with reduced hours.

Net Profit

$270,000 pa

About the Business

Jeweller For Sale - Design & Bespoke Manufacturer
Enviable lifestyle and $270kpa for working owner
Custom designed and Crafted Jewellery - always the perfect gift!
Offering a location and lifestyle most can only dream about, this business has been successfully trading for over 25 years creating unique personalised jewellery.
The customised jewellery market is experiencing significant growth with the global market forecast to increase approximately 8.5% year on year. This is further supported by a McKinsey survey in which 70% of young consumers said they are willing to spend more on a distinctive piece of personalised jewellery that resonates with their individuality. Overall, this trend is driven by consumer demand for personalised pieces that reflect their values and tastes, with high aesthetic appeal they often have profound meaning for the owner or recipient.
Operating from a retail outlet the owner is supported by two other jewellers and a setter; all highly experienced and keen to stay with the business.
Other important information to consider:
Income for the owner, over the past three years, has averaged $270,000pa.
The owner/designer is prepared to remain with the business on a part time basis, thereby offering the buyer stability, consistency and a secure investment.
The buyer could be a passive owner.
Secure long Lease is in place.
Situated in the hills of the Northern Rivers, just a 20-minute drive from Byron Bay and within easy reach of the Gold Coast, the business benefits from being on the “must do lists” for many of the 4.7 million visitors to the Northern Rivers region each year.
The business operates three days a week; beyond some social media there has been limited attempt to promote the business. – existing return customers and referrals are the foundation platforms of this unique business.
This business has a long history of profitability, robust systems in place and an owner who is flexible on what the handover would look like and is committed to a successful transition. Straight forward to own and manage, these businesses are very desirable because of their primary attributes – high gross profits margins, outstanding cash-flow, zero debtors, longevity of the operation and with an owner happy to remain on in some capacity for the ongoing future, - therefore providing additional comfort and security to the new buyer.
$255k + SAV
Eamonn Bicknell: 0452 321 954

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