Summary
This retail shop is well known in the popular and growing Qld coastal village of Agnes Water. It's beautifully outfitted and well stocked to supply crystals and gem jewellery to locals and visitors.
Location Details
This shop is well known in the growing Queensland country coastal village of Agnes Water. Located between Bundaberg and Gladstone the shop is close to the beach and beautiful Town of 1770. It has two street frontages and plenty of carparking.
Potential
Every new business owner wants to improve the venture that they buy. This business is thumping but has an underutilised web page and social media presence. This could be turned into online orders with a forecast of another $100 k in revenue.
Skills
This business would ideally suit someone with or wanting retail experience. Alternatively a couple of fossikers who are looking to spend more time in air conditioning. The owners are happy to accompany you to trade shows and teach if you aren't experienced in crystals, gems or jewellery retail.
Hours
Six days at 9-5 and Sunday from 9-2 pm. This is a tourist based retail business.
Lease
Currently in 4th year of 5 year lease. There's a further 5 year option so you know you have
permancy.
Employees
The business has one full time casual and three other casuals in retail roles. The owners do the bookwork and ordering.
Reason for Sale
The business owners always planned to start the business and then after 7 years to sell so that they could travel. It's now 7.5 years and time to get the caravan ready.
About the Business
There’s gold in them crystals and gems!
Who would have thought that the current owners could create such a huge business by making crystals affordable to everyone? They started at the markets then moved into a small retail shop and added a new jewellery design division. More recently they have added appropriate clothing to compliment the tastes of their well-heeled clients.
Seven years later and it’s time to move on which gives a tremendous opportunity for somebody with a retail, fossicking or sales background.
This shop is well known in the quiet Queensland country coastal village of Agnes Water. It is beautifully outfitted and well stocked to supply crystals and gem jewellery to locals and visitors. Many clients make an annual pilgrimage to update their key adornments.
The well above industry margins stem from an increasing volume of clients, a move to higher priced sales and extremely beneficial long term supply contracts.
New owners can be heavily involved or be like the current owners who just look after the books and restocking.
The owners are happy to assist with training and will even accompany you at key overseas gem fairs.
The shop has a long term lease in place so there are no surprises in rent.
Every new business owner wants to improve the venture that they buy. This business is thumping but has an underutilised web page and social media presence. This could be turned into online orders with a forecast of another $100 k in revenue.
If you are hot and dusty from fossicking then here is your chance for a business in paradise.
History
They started at the markets then moved into a small retail shop and added a new jewellery design division. More recently they have added appropriate clothing to compliment the tastes of their well-heeled clients.
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