This luxury tourist retail business mainly caters to the local affluent and growing Australian tourist market.
Over the last 15 years, the business has established itself as a Market leader in their luxury jewellery niche market. This growth has lead to the development of more unique products as well as lower operating costs, stronger buying power and a gross profit margin of around 70%.
The high-end business enjoys a prime Sydney tourist location. This allows it to have easy access to its strong local customer base and a booming international tourist market. Recently this business has experienced a period of accelerating sales growth estimated to reach an annual profit of around $1,800,000 this financial year.
This Luxury Tourist Retail Businesses is currently running under well-developed management systems. Specifically, this allows the owner more time for further product and systems development. The owner now averages around two to three working days per week.
Luxury Tourist Retail Business – The Opportunity
With this in mind, an opportunity has been created for an operator or investor to utilise these cost advantages and well-developed business base to develop this business further in major centres around Australia and greater global audience.
Subject to negotiation the current owner is willing to stay on for a reasonable period to guide you to the next level and capitalise on the growth of your luxury brand.
For initial inquiries and confidentiality agreement please contact Con Tastzidis at CST Properties. Contact us on +612 9882 2221 (Sydney business Hours) or via email firstname.lastname@example.org
Imagine the possibilities. This could be the start of something special for you.