Timeless Elegance Established Jewellery Shop In Bloemfontein For Sale

Description

Looking for an opportunity in the jewellery industry? This well-established jewellery shop, successfully operating from a prime location in a busy local shopping mall for 45 years, is now available for acquisition. The business is ideally suited to an entrepreneur looking to build on an established foundation with opportunities for future growth.Why This Business Stands Out:* Established loyal customer base built over decades of successful trading* Prime retail location with high levels of pedestrian traffic* Licensed to purchase second-hand gold, providing additional growth opportunities* Strong reputation developed over 45 years of operationFinancial Snapshot:* Annual Turnover: R595,000* Cost of Sales: R339,000* Gross Profit Margin: 43%* Net Profit: R67,000* Owner's Drawings: R96,000* Equipment and Assets: R110,000* Stock Included: R120,000The current owner is retiring, creating an opportunity to acquire a long-established business with a proven trading history.Please Note:* The business is registered for VAT and will be sold as a going concern.* If the purchaser is VAT registered, the transaction will qualify for a 0% VAT rate.* If the purchaser is not VAT registered, VAT will be payable on the purchase price.Serious enquiries only. Contact us for further information.