This business is all about gemstones, jewellery, precious metals and collectables.
The business enjoys a great physical location in a shopping district with plenty of natural footfall. Rent & rates are at very favourable levels making this an easy business to step into and generate an income from Day 1.
The business further has a good foundational on-line presence that is looking for further development to capitalize on a large on-line trading opportunity.
The owner has developed multiple revenue streams:
1) Sales of collectables, precious metals, jewellery and gemstones
2) Buying & selling (scrap gold)
3) Jewellery repairs, jewellery making & watch battery replacement
After several years of growing working inventory, the stock is now right-sized to run a profitable business without further expansion, however the business is ripe for the next level driven by a further to be developed on-line retail business.
The current owner is looking to retire and is looking for someone (or 2 people) to take over the business and enjoy it as much as he has.