Jewellery Company for Sale in Auckland, New Zealand
|Employees||2 - 5|
|Legal Entity||Private Limited Company|
|Reported Sales||USD 1.7 million|
|Run Rate Sales||USD 1.7 million|
|EBITDA Margin||20 %|
|Industries||Jewellery + 1 more|
|Local Time||12:21 PM Pacific / Auckland|
|Listed By||Business Owner / Director|
- We are a jewelry retail & manufacturing company along with retail of leather shoes and bags located in a premium location.
- A part of the company's production is done in-house using a third-party space, we are under negotiation for a new space close to our retail outlet that can be used for production. Most production is outsourced and manufacturing capacity is small scale for time being.
- Our retail outlet is located inside one of the most upmarket malls of New Zealand which gives us exposure to high footfall every day.
- We are on good terms with our raw material suppliers. For some products, we have local suppliers while for some products we import from the USA and India.
- Our customers and clients are end-users, other retailers, and wholesalers. Between buying, selling, retail and wholesale, we complete an average of 200 transactions per month.
- Business growth is 50-80% per year in terms of sales. We made NZD 700,000 in year 1, around NZD 1.1 million in year 2, around NZD 1.6 million in year 3, and around NZD 2.35 million in year 4. Expansion on the wholesale side caused a rapid increase in sales.
- Promoter is willing to provide all kinds of training to the buyer for a period of one year.
Buying, selling, repairs and manufacturing of fine jewelry.
We own all jewelry stock, shop fit-out and machines required for the business.
We have a leased retail outlet of 500 square feet located in one of the best malls with excellent landlord. We are negotiating over a 150 square meter production facility located near our retail outlet.