Jewelry Stores For Takeover

- Historical business handed down from father to son. - We purchase directly from the manufacturers and sell them under the manufacturer's brand. - We get a commission of 40% upon sales. - Have catered to over 10,000 customers to date. - The value of the articles ranges from EUR 5,000-20,000. - We sell around 100 articles on a monthly basis. - Since, we sell a good number of articles monthly with the value ranging from EUR 5,000-20,000 we do not require many employees.

- Wholesaler and retailer of gemstones and jewelry. - We have longstanding worldwide connections in the industry and have a very desirable retail space in the premier Jewelry Trade Center in Bangkok. - We receive high footfall of tourists due to the prime location of our store. - We have built an extensive network of wholesale buyers over the last 37 years. - No bank loans taken by the company. - Pre-Covid annual revenue was THB 22 million, which dropped to 5-6 million during the pandemic and is resurging now to its previous levels. - Buyer will get the legal entity, brand name, inventory, lease, goodwill, and zero VAT privileges. - The business has seven shareholders, with the biggest shareholder owning 45% of the company.

- 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. - Our sales have increased from NZD 2.4 million to NZD 4.5 million over the last 2 years post Covid. - There are 4 permanent employees and additionally 2 employees on sub-contract basis who work in the factory.