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Retail - Watches - Jewellery - Repairs - Gold Coast - (Code: TTQJ1118)

Established 20 years

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Price: $249,000

Weekly Takings (inc GST) $7,800
Cost of Goods $2,590
Gross Profit $5,210
Rent $680
Wages $885
Outgoings $160
Telephone $50
Insurance $55
Electricity $20
Gas $
Misc 1 $157
Misc 2 $
Total Expenses $2,007
Net Profit $3,203
Coffee Kilos P/W 0.0

Estimated Stock



All other values
exclude GST
General Description
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.

Could introduce social media - Do some local advertising - Open on Sundays - Get Second Hand Licence.

Brand new fit out - Very cheap rent - Long lease - Loyal customer database for nearly 20 years.

Brand new shop of 35 sq.mts.

Situated in a popular Gold Coast shopping Centre near major department store.

Trading Hours
7 days - Mon. - Wed. & Fri. - 9 a.m. to 5:30 p.m. - Thurs. - 9 a.m. to 8 p.m. - Sat. - 9 a.m. to 5 ..

6 year lease commenced Dec. 2017. 4% annual C.P.I. increases - 3 months rent bond.

2 owners + 2 casuals.

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.

SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.


For more details please call (02) 9439 4403
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