Listing Id: 34272
Last Refreshed: 07/12/2024
Total Views: 349
(Expired)Established Goldsmith And Jeweller Business In Little India For Takeover
Central AreaJewelry Stores
Asking Price: S$25,000,000
Business For Takeover
Look For Investor
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- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
Commercial Street
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Premise Size
N/A
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Monthly Rental
N/A
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Rental Desposit
N/A
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Revenue
N/A
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Liability
N/A
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Gross Profit
N/A
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Net Profit
S$63,000
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Full Time
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Staff
N/A
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Established
N/A
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Source
Direct Seller
Reason For Sale
Moving overseas for retirement
Description
Description: Well-established and highly reputable Goldsmith/ jewellery store located in Little India, Singapore. With a strong presence in the community for over 40 years, this business offers a unique opportunity for a new owner to step into a thriving gold enterprise.
Price : XX mil SGD
Key Features:
Established Brand: Renowned for exceptional craftsmanship and high-quality jewelry.
Loyal Customer Base: Strong repeat customer base with excellent word-of-mouth referrals - locals and travellers.
Diverse Inventory: Extensive collection of gold, silver, diamonds, and custom-made pieces.
Prime Location: Situated in a high-traffic area with excellent visibility and accessibility.
Skilled Staff: Experienced and dedicated sales and Ops team.
Growth Potential: Opportunities to expand online sales and marketing efforts - already on Tiktok, Lazada etc
Annual Revenue, profit margin and inventory value - Upon enquiry
Includes:
All inventory and equipment
Established vendor relationships
Customer database
Own shop lot (with 50 years left on the leasehold valued at 10 mil SGD ++ . Not rented shoplot)
This is a rare opportunity to acquire a profitable and well-respected business in the goldsmith/ jewelry industry. Serious inquiries only.
Don’t miss out on this golden opportunity !
Property Information
Commercial retail shop in bustling and cultural Little india
Premises Details
Singapore