Central Auckland Jewellery Shop $300k Cash Surplus

Auckland City

$730,000

Proposed Usage
Retail
Description:
Property ID
1c5xpv6

Central Auckland Jewellery Shop $300k Cash Surplus

With a highly consistent turnover covering the last 5 years, and a return to the working owner in excess of $300,000 per annum, your love and passion for jewellery & watches just got real.

This well-established, family-run jewellery store has a very loyal customer base and has been operating in the Main Street of this popular Auckland suburb for the last 50 years.

The 15 years of radio advertising on 3 different stations has ensured this is a well recognised brand Auckland wide, making this a destination store.

They are also part of a nationwide buying group which offers advice and assistance including a suppliers conference and training.

The 1 full-time and 3 part-time staff are included in the purchasing decisions, giving them a degree of ownership in the stock the store sells, and these same staff can run the shop while the owner has breaks throughout the year.

The landlord is aware the shop is for sale and is happy to offer a new lease to the right new owner.

Regular business comes from jewellery repairs/re-modelling and watch/clock repairs, keeping the on-site watch/clock maker busy four days a week.

Contact Lester de Vere - 027 459 9773 for further details.

Price $730,000

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