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Listing Id: 34272 Last Refreshed: 07/12/2024 440 Views

Established Goldsmith And Jeweller Business In Little India For Takeover

Expired
Asking Price S$25,000,000
This listing has Expired

This listing is no longer active and is not accepting enquiries. The seller may renew it to make it available again.

Overview

Financial Performance

Monthly Figures
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
S$63,000
Monthly Rentalt
Not Provided

Business Operations & Assets

Owner Role
Full Time
Premise Type
Commercial Street
Premises Details
Commercial retail shop in bustling and cultural Little india

Business Details

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 !
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