Retail - Gold Coast

8 days ago

Location:
Gold Coast Mc 4217 > Gold Coast > Queensland

Investment level:
$1,000,000 (Negotiable)

Type:
Business

Industry:
Retail > Fashion

Send an enquiry

All personal information submitted by you as part of an enquiry will be used by us in accordance with our Privacy Policy
 

Summary

Jewellery - Retail - 50% Equity Partner - Gold Coast

Rent

$44,200 pa

Net Profit

$507,000 pa

Location Details

Situated in the hub of the Gold Coast close to beaches, busy shopping area and renowned restaurant precinct.

Potential

The business has been approved by Australian Government Department Of Home Affairs as a standard business sponsor and expires 18 May, 2023-

Hours

5 days - Tues. - Sat. - 10 a.m. - 5 p.m.

Lease

Current lease expires 31/12/2018 + 2 years option - C.P.I. annual increases - 3 month bond.

Employees

2 owners + 2 casuals

About the Business

Jewellery - Retail - 50% Equity Partner - Gold Coast

SBX Business 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.

Trading Hours
5 days - Tues. - Sat. - 10 a.m. - 5 p.m.

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.

SBX Business Code: TTQN1104

SBX Business Brokers

Share this business

Find out more at the SBX Business Brokers Info page

Share this Ad


Cancel

Report this Ad


Cancel