SBX Code: TTQN1104 Retail jewellery store selling 50% of business and showcasing some of the worlds finest quality jewellery, watches and antique clocks with a proud history dating back over 40 years. - Sells a large range of watches specialising in Rolex, Patek Philippe, Breitling, Jaeger, LeCoultre, IWC, Baume & Mercier and other popular watch brands from around the world. - Exclusive agent for Joe Rodeo watches, a prestigious New York based brand. - In addition to the high-end jewellery and watches, also provides watch and jewellery repairs and the design and manufacturing of individual pieces for clients.
Potential The business has been approved by Australian Government Department Of Home Affairs as a standard business sponsor and expires 18 May, 2023-
Features Excellent display & fitout - Established over 40 years - An iconic watchmaker & jeweller - No competition - Top security - Profitable
Premises This business has an area around 100 sq.mts.
Location Situated in the hub of the Gold Coast close to beaches, busy shopping area and renowned restaurant precinct.
Lease Current lease expires 31/12/2018 + 2 years option - C.P.I. annual increases - 3 month bond.
Employees 2 owners + 2 casuals
Comments This business would suit an owner operator entering a very secure and successful existing jewellery business.-Rare opportunity to benefit from long term owner prepared to train and guide new 50% equity partner.- There are many benefits to this business with tremendous opportunity to be an owner of one of the best Jewellery Retailers on the Gold Coast.