Karrans of Hyde Park Watch and Jewellery Specialists

Karrans of Hyde Park Watch and Jewellery Specialists

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Location Details :

Country

Australia

State

South Australia

City

Hyde Park


Industry :
Retail - Clothing/Accessories ;

Financial Details :

Revenue

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EBITDA

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EBITDA multiplier

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About the business

Established in 1957 Karrans of Hyde Park has built an excellent reputation as a trusted business providing the highest quality of bespoke jewellery and customer service, As a full service jeweller, the store offers uniquely designed items with individually sourced Gems, along with repairs, remodelling and valuations.

The store is located in the affluent Hyde Park area of Adelaide and is highly visible attracting premium customers who are seeking quality unique pieces. The business has been a member of the Nationwide Jewellers Buying Group for over 30 years which adds value through – exclusive products, buying power, marketing and promotional campaigns.

This is the first time this profitable iconic Jewellery and Watch Specialist has been offered for sale due to owners being ready to retire.
· Established in 1957 by the owners father and with the current owner since 1977
· First time the business has been offered for sale
· Returning good profit to Owner
· Long term Lease in place
· Data base of over 20,000 customers
· Member of the National Jewellery Buying Group
· Magnificent quality store fit-out
· Fantastic retail location amongst quality brand shops
· Owner works 4 days a week plus 4 hours every second Saturday morning
· Lots of growth potential with the addition of online sales
· Focus on fine quality Jewellery and Service
· Owner will assist new owners with Handover

Karrans of Hyde Park has a long history in the Adelaide Jewellery market and is well known for the quality of its service and products. With a fantastic location and fit-out the business is ready for new owners to take over. The owner is only selling due to being ready for retirement and will offer the new owners assistance with the hand over.

If being the owner of a profitable high-quality iconic Jewellery store in the fabulous Hyde Park area appeals to you, get in quick and enquire about this business today.

Price: $345,000 plus SAV

Contact us NOW for a fast response – complete the enquiry section on this page!

Finn Business Sales
thefinngroup.com.au
1300 535 932

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