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Listing Id: 26399 Last Refreshed: 30/09/2022 817 Views

Profitable Fashion Jewelry Shop For Sales

Expired
Asking Price RM200K - 500K
This listing has Expired

This listing is no longer active and is not accepting enquiries. The seller may renew it to make it available again.

Overview

Financial Performance

Monthly Figures
Revenue
RM25,000
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
RM11,000

Business Operations & Assets

Owner Role
Investor
Premise Status
Rent
Premise Type
Shopping Mall
Premise Size
122 sqft / 11 sqm
Rental Deposit
RM42,000 Price Included

Business Details

Reason For Sale

Moving to another country

Description

The shop exudes an elegant setting, yet the atmosphere is relaxed and welcoming. Offering a premium selection of silver jewelry along with a variety of fashionable jewelry. Nearly 30 designer brands, updating the brand library constantly. There are new SKUs every week, and each SKU is no more than 5 items, so that consumers have a uniqueness.


The company values their long standing relationships with their employee, customers and suppliers. Current owners are only lightly involved in the business. A more involved owner should be able to increase sales and profits.


The jewelry is recommended by more than 100 popular Asian celebrities, and the recommended styles are synchronized with hot TV shows and fashion magazines. It has established social media dominated by Instagram and TikTok, and strong social media network with KOLs, influencers, celebrities, bloggers, radio DJs, TV hosts, actors and singers in Malaysia.


The business is available online and offline stores. Online stores have been opened including official website, Shopee, Lazada and Tiktok shop. Offline store is open in Sunway Pyramid. All advanced warehouse system, financial system manages online and offline are in place.


The growth prospects for this business are excellent. To have franchisee in various iconic malls and penetrate into Southeast Asian Market. Setup online store on Shopify and Amazon to expand overseas market. More aggressive digital marketing will easily grow the business. We will consider staying on as a consultant for smooth transition.


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