Jewellery business for sale in Melbourne CBD

Property Description

Looking to buy a recession proof business? Well look no further because this one ticks all the right boxes.
This Jewellery business is dynamic, fast reacting and truly unique!
This business is a franchise and has expanded and found a niche in the market which today is regarded as one of the world’s best simulated diamond & jewellery retailers.
The store is located in one of Melbourne CBD’s oldest and icon arcades bringing a beautiful collection of Jewels. The product range is expansive – from beautiful bracelets to colourful cocktail rings and the latest in engagement and bridal collections.
It has been the ability to move with the times that sets this business apart from its competitors.
The shops is only 25 sqm and has a small office upstairs. Easily operated by one sales person and can also easily be run under management.
The vendors have enjoyed many years of running this business and have decided to retire and pursue other lifestyle options.

Quick Facts:
– Long Lease 18 years
– Rental $90 k inc outgoings
– Total income approx. $960,000 pa (2012-13)
– EBITDA approx $230,000 pa (2012-13)

Asking price of $450,000 +SAV
Genuine purchasers are strongly encouraged to register their interest by calling Michael Goldman on: 0403 263 888

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