Singapore  Singapore

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Listing Id: 29949 Last Refreshed: 03/07/2024 Total Views: 1887

Invest In Timeless Beauty: Highly Profitable Luxury Jewellery Business Seeking New Owner!

Central AreaJewelry StoresJewelry Stores
Asking Price: S$460,000(Neg.)
Business For Takeover
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Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue > S$1M
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

Owner Retiring

Description

Transforming Stories into Timeless Treasures!

Founded in Singapore in 2017, we provide famous families custom jewellery services, akin to those of artisan jewellers from bygone ages. The jeweller-client relationship is very intimate and specific, from acquisition to ornamentation. After having extensive consultations with clients, we interpret the meaning and stories of the jewellery made specifically for each owner using diamonds. The end product is a profoundly meaningful wearable piece of art that can be inherited by future generations.

Our Bespoke Services - Craftsmanship & Artistry:

1) Beginning with the story
2) Gem selection & acquisition
3) Designing & sketching
4) Skilled artisans
5) Repair & refurbishment
6) Lifetime service

Market Opportunity: Singapore's luxury jewellery market is booming right now, and it has bright future growth possibilities. The fine jewellery sector in Singapore generated US$396 million in revenue in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 8.5% to reach US$595 million in 2025.

Our Competitive Advantage:

1) In order to give our clients transparent origins and sustainability assurance, we place a strong emphasis on ethical gem sourcing and use blockchain to track stones from certification through mining and beyond.

2) Our main goal is to create distinctive, deeply meaningful artisan jewellery that passes along a legacy of love from generation to generation.

3) Because of our founder's wide global network of mine owners and gem dealers, we are able to offer incomparable value, pricing diamonds and stones 45–55% less than competitors without sacrificing quality.

Featured on reputable media outlets like Tatler, Vogue, The Edge, The Peak, Prestige and Her World

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