SBX Business Brokers Phone : 02 9439 **** SBX Business Brokers
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Retail - Watches - Jewellery - Repairs - Established 20 years

Listing Id : 245820

Location : Queensland

Category : Others

Asking Price : 249,000

Business description

Retail - Watches - Jewellery - Repairs - Gold Coast - Agent SBX Code Number: TTQJ1118 Retail watch and jewellery store offering sales and repairs for nearly 20 years. - Stocks a large range of popular brands including Jag, Citizen, Fossil, Skagen, Casio, Lorus, Pulsar etc. backed with onsite servicing and battery replacement. - Stockists of Bee jewellery, Ellani and other popular 9 c/t jewellery. - Stocks quality Estate jewellery - Also buyers of unwanted gold items. - Store has just relocated with new fitout and expects turnover to increase from new location due to large volume of foot traffic. Potential Could introduce social media - Do some local advertising - Open on Sundays - Get Second Hand Licence. Features Brand new fit out - Very cheap rent - Long lease - Loyal customer database for nearly 20 years. Premises Brand new shop of 35 sq.mts. Location Situated in a popular Gold Coast shopping Centre near major department store. Trading Hours 7 days - Mon. - Wed. & Fri. - 9 a.m. to 530 p.m. - Thurs. - 9 a.m. to 8 p.m. - Sat. - 9 a.m. to 5 .. Lease 6 year lease commenced Dec. 2017. 4% annual C.P.I. increases - 3 months rent bond. Employees 2 owners + 2 casuals. Comments Vendor to stay 2 weeks after settlement for handover / training. and prepared to negotiate to stay on up to 2 months. - Misc. -1 - Additional business expenses. - Owner will consider some vendor finance. Figures Weekly Sales $7800 Rent (ex GST) $680 Wages $885 Profit $32**** **** Agent SBX Code Number: TTQJ1118 - SBX Business Brokers


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