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Jewellers in Whangarei

$1,200,000WhangareiListing: #EL01067




Whangarei businesses for sale 


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About this business for sale in Whangarei

Jewellers in Whangarei

Manufacturers, wholesalers and retailers of fine jewellery.The best of the best. Operating successfully in Whangarei CBD since 1924.. This iconic business is highly respected by its associates and competitors. Loyal and fully trained staff carry out the sales and the day to day operations of the business. Highly experienced Jewellers are contracted to carry out the manufacturing, remodeling and jewellery repair service.

Excellent long term lease is in place.

Turnover $1,820,664 and growing. Gross profit 45.43%.

Owners are retiring locally and will be available to ensure a smooth transmission. Not to be repeated opportunity.

Priced to sell at $1.200.000 that includes a substantial fit-out, extensive equipment and $700,000 of stock at cost.

Ray Gilroy  MOB: 027.238.1716 DDI 09.394.0570.

Reference: EL01067

Auckland - Ellerslie
+64 9 394 0570
+64 27 238 1716

Ray Gilroy

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.