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This compact but very well presented shop would have to be running, arguably, the best, most economical, profitable and professional operation available in Cairns today!
The current owner supervises the staff and overall operation, stock control and administration of the business in less than 40 hours of attendance each week.
The stock range has been put in place through careful monitoring of the customer’s needs and market trends.
Management of the business is largely undertaken by the amazing software package – initial cost around $35,000 – which provides the owners with a total overview of every single facet of the business.
Reports are generated on a daily basis which verify every action and transaction, Jewellery stock is photographed and images recorded for stock control purposes. “Hot” products are recorded and re-ordering is controlled from the software package.
Profit margins are recorded by supplier, by product etc to give the most amazing control of this business.
Once you have seen the capabilities of the software you will, no doubt, understand the viability of this business and one of the main reasons behind its outstanding performance and profitability.
Charts will be provided which verify the breakdown of customers into geographic categories – from Japan, China, England, Europe, Nth America etc.
These charts assist in the operation of the business and allow trends and needs to be tracked and new stock policies implemented where required.
Knowledge of the Japanese market and Japanese people would be a definite advantage to the new owner of this business.
The current staff of the business have an ideal oriental background and, basically, are in control of the day-to-day retail sales of the business.
The Staff are highly motivated – with an excellent incentive scheme in operation ensuring each and every member of staff is working towards the monthly bonus targets of performance and sales.
It is highly recommended that any new owner of this business carefully consider the current staff and their long-term employment as an integral part of the front line of this operation.
The product range sold in the business has been refined over the life of the business – in fact, it is constantly being refined to bring higher margins and higher cashflow from products that are highly prized by the customer base.
Products range from small gift and souvenir lines through to a complete range of low to medium range jewellery & gemstone items – all of which are purchased from the range of dedicated suppliers – many of whom have faithfully looked after this business over many years.
A new website is currently under development and will form a part of the sale. This is primarily targeting the satisfied customer who has purchased items at the shop, returned home and wants more products supplied. The Internet is a renowned source of repeat business for shops trading in this market.
Reports available from the management software give daily breakdowns of the products sold, their gross profit margins, stock levels held, cost of sales, mark-up % rate etc.
A new operator who is a keen systems person will get great joy, knowledge and advantage out of continuing to operate this software.
The business can be run from a home office linked electronically to the shop and will require standard office equipment – computer, phone, fax, copier etc – which are not included in the sale.
It is a specific request of the Seller that absolutely NO CONTACT be made with any of the staff working in the business. The staff, at this stage, are unaware of the pending sale and it is planned that they are not unsettled by any discussion about an outcome which may occur in either the short or long term
Note:- Every care has been taken to verify the accuracy of the information contained herein . BizBrokers (Aust) Pty Ltd and its respective Directors and Employees disclaim all liability of any kind whatsoever in respect to any error, omission or misstatement, whether or not negligent in the information supplied, and any person receiving this information should rely on and act on it only on that basis and entirely at his/her own risk. All details depicted in this enclosure have been provided as a guide only. Any party should seek independent professional advice concerning the information provided if it is not understood.
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