Retail Jewellery, Watches and Giftware – Yass, NSW

(no street name provided), Yass NSW 2582

$100,000

BusinessSize: n/a
Business ID:BS156721

MULTIPLE INCOME STREAMS – ESTABLISHED 40+ YEARS – NEW MODERN FITOUT

Located in the growing town of Yass, this multi-faceted business offers a diverse product range, engraving, and custom jewellery design to a wide range of customers. Attracting shoppers from as far away as Canberra, this turnkey business offers a Prime Main Street location, state-of-the-art equipment, and unlimited potential. This is the perfect opportunity for someone wanting to be their own boss and not work long hours - or a jeweller seeking a change of pace from the city.

BUSINESS HIGHLIGHTS:

- Offers jewellery repair and restoration, all types of engraving services, jewellery appraisal services, jewellery cleaning and maintenance, gift certificates, and watch battery replacement



- Independent retailer with a large range of unique pieces



- Well known for custom jewellery, offering customers personalised pieces to suit their needs



- Operating for over 40 years – Current owner for 12 years - Trusted reputation



- Spacious premises within the main retail area - between a bank and post office



- New modern fit-out: Shop front (75sqm) with large glass windows, Office (7sqm), Workshop (11sqm), Strong room (5.5sqm), Back storeroom (26sqm)



- No competition - Carefully curated and varied inventory with wide appeal



- Customers include Locals, travelers and Canberra residents - Celebration shoppers, Jewellery collectors, Luxury shoppers, Gift shoppers, Tourists



- Marketed via Facebook, Instagram, Reputation



- Run by owner-operator plus 2 senior staff members and 3 juniors - all casual



- Extensive assets list – including all cabinets, POS system, Gravograph engraver, Ring/bangle engraver, Computer for engravers, work bench, office furniture and equipment, Walk in Strongroom, Small safe, Ionic and Ultrasonic cleaners, Polisher, Tumbler cleaner, Garden shed, 2 security systems (12 cameras)



- Stock value at time of sale between $450,000 to $500,000



- 1 month’s training plus phone help for another month plus long-term staff member who knows the business inside out.



This trusted and successful business comes with excellent potential should the buyer wish to expand and grow. Yass is growing with large new subdivisions underway, bringing more residents to town, which will potentially increase sales. There is also potential to grow the online presence and eCommerce, digital marketing, and social media, and diversify inventory.

The new owner might also collaborate with designers, artists, and influencers to reach new audiences – and add additional services, such as Jewellery Rental and second-hand jewellery.

PRICE: $100,000 + SAV

Property Code: 3688

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Key details

Property type:
Business

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SummaryMedian sales
Average Age
44 years
Population
6,763
Listing ID: 182134616. This listing has been viewed 72 times. It was first displayed on 30/11/2023 and last updated on 09/01/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.