Unlock opportunity with your own gold and coin shop today!

Price: $249,000 + Stock
A longstanding jewellery, scrap gold, banknotes and coins store operating for four decades

Key Sale Highlights

This listing is posted by a private seller

Business Overview

Currently on offer is a well-established business that has thrived for over 40 years, evolving from selling coins, banknotes and stamps to offering high-quality jewellery, including diamond and gemstone-adorned pieces. Since 2008, the current owner and her son have successfully managed the business. Following a refresh have achieved admirable sustained growth over the past five years.

Strategically located in a beachside suburb, the business benefits from its unique lifestyle advantages, attracting both local families and tourists. This has contributed to its impressive growth, fostering strong customer relationships.

The business occupies a 77 sqm shop, fully equipped with safes, gold analysis machines and cabinets, collectively valued at $40,000. Notably, the owner also owns the property, providing the incoming owner the option to acquire it with the business or negotiate a new lease.

The current owner is the director and fulfils multiple roles, including customer service, sales, gold buying and bookkeeping. The business boasts streamlined operating processes supported by a dedicated team of four casual staff members, each with distinct responsibilities.

With the potential for expansion through online trading and the possibility of Saturday operations, the business is an attractive opportunity for owner-operators, couples or families. The current staff can stay on as required, and the current owner is amenable to offering comprehensive training. With existing assets and systems in place, the business ensures a seamless transition for the new owner.

*** Please note: We have used stock photos to protect the confidentiality and goodwill of the business. The pictures are indicative only.

Financials

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Location Details

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This information is only available to registered users. 

This information is only available to registered users. 

This information is only available to registered users. 

Confidential Business Information and FAQ's

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