Rare opportunity to purchase a very profitable Jewellery Store in Western Canada. This business has been operating for over 37 years and is a staple in the city, located in the heart of downtown. The owner is now ready to retire and has positioned the business for a seamless takeover with staff in place to successfully operate the store and owner will provide training.
The Jewellery business worldwide was valued at approximately 228 Billion in 2020 and is forecast to reach a value of 307 Billion in 2026. In North America a 2019 “the big survey” report showed that only 5% of Retail Jewellery stores reached sales of more than $5 million which puts this store in the upper echelon of Jewellery Retailers with sales of over $6.2 million in 2021.
Only Qualified buyers please.
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