Fine Diamond And Gemstone Jewellery Retailer – Brisbane, Qld

Morningside, Queensland 4170

$500k plus stock

Key Features

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  • Award-winning diamond and gemstone jewellery retailer
  • Over 1000 regular clients and no nearby competition
  • Approximately 60 sqm premises with approximately $250k fit-out
  • Custom jewellery made locally by employed jewellers
  • Longstanding supplier partnerships spanning over a decade
  • WIWO-ready operation with one month’s training provided
  • Turnover: $700K
  • Established: Launched in 2012

Business Details

Business Category Clothing Accessories

Business ID: XB161655

TURNOVER $700K – EXCELLENT ROI – LONG TRADING HISTORY

This is an exceptional and unique opportunity to acquire an award-winning Diamond Jewellery Shop in one of Brisbane’s most affluent suburbs.

Tightly held by the owner since its launch in 2012, this rare find offers a prominent location with over 1000 regular clients and no nearby competition.

BUSINESS HIGHLIGHTS

- Well known retailer of fine diamond and gemstone jewellery, set mainly in 18 kt gold, custom made pieces, repairs, and ongoing jewellery maintenance

- Proven trading history with a strong turnover and approx. 25% ROI

- Only diamond jewellery shop in the immediate area – Database of over 1000 regular clients

- Highly desirable premises (approx. 60 sqm) with an expensive fit out (approx. $250k) – Ample room to place more cabinets if needed

- Longstanding supplier partnerships built on over a decade of experience

- Custom pieces are made locally by employed jewellers – Wedding bands are sourced from a local manufacturer in Australia

- Strong social media presence plus several diamond VIP events during the year which generate excellent sales

- Regular clients usually buy high-ticketed items – VIP clients have been purchasing from the shop for over 8 years, some since launch

- Long and recognised involvement with many philanthropic events and charities

- Excellent assets, including jewellery cabinets, 2 big safes, full alarm system, camera and monitoring security system, ceiling mounted air conditioning system, security electronic shutters built on a timer

- One month’s training provided – Current owner needs to focus on other businesses

- Business is WIWO ready to keep trading with no down time.

Given its prominent position in a fast-growing affluent suburb, this long-established business offers huge potential to a buyer with time to give it the attention it deserves.

The new owner could sell other jewellery-related products and expand the offerings to include lower-priced items, like silver-based jewellery and laboratory-created diamonds.

Price: $500k plus stock (stock value to sell can be negotiated)

Property Code: 4856

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