SBX Business Brokers Phone : 02 9439 ****

Retail - Jewellery - Watches - Top fitout

Listing Id : 174528

Location : New South Wales - Blacktown

Category : Fashion

Asking Price : 550,000

Business description

Retail - Jewellery - Watches - Western Suburbs - Agent SBX Code Number: M1901 Retail jewellery store selling top brand watches including Longines, Rado, Oris, Victorinox, Seiko and high grade gold and diamond jewellery. - Set up cost was $350k. Potential This new store has only been open for 5 weeks with the takings constantly growing and expect the first years turnover could reach $ 1.6 million. Features Luxurious fitout. - Exclusive agency with top brand watch company - Very secure income and profit. Premises Brand new shop with top fitout and an area of 68m2. Location Prime location in major shopping centre in Western suburbs. Trading Hours 7 days - 9 a.m.- 4 p.m. - Thurs. till 9 p.m. Lease New 5 years commenced July 2016. - 5% increases. - 3 months bond. Employees 2 owners + one staff Comments This premium business suits long term investor with abundant capital strength. - The precious and large amount of stock has value function of preserving or increasing, however it can be adjusted if desired. - All financial details can be reviewed on meeting with serious buyers. - please do not approach and talk to the staff when visiting the business. - A rare opportunity. Figures Weekly Sales $23500 Rent (ex GST) $1730 Wages $1000 Profit $6135 Agent SBX Code Number: M1901 - SBX Business Brokers

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