Asking Price: ₱288,000,000
Of Gold and Precious Stones
Strategically located in southwest Metro Manila, this first class jewelry store houses gold and precious stones, rubies, diamonds, emerald, pearls set in rings, earrings, pendants and bracelets, in an enclave that is a jewellery boutique. This jewelry boutique prides itself of a 6-star interiors and aesthetics, New York style. Located in an upscale mall, this business attracts the top A market as the mall is also surrounded by luxury hotels.
The jewelry collection are a class in itself, imported from Thailand and from other parts off the world. Designs are one-of-a-kind, in the Philippines its market are celebrities and known personalities. Collection is around 300 pieces now kept in bank vault.
According to owner, during the grand opening alone, they sold ₱10,000,000 worth of jewelry. That’s how the demand is showing up considering the niche market of upper class A.
It is well-known that the value of gold and precious stones appreciate. This is a business that never goes out of style, of jewelry that can be passed on from generation to generation and at any given point in time the beauty of jewelry is perfection. Own this and enjoy a business that is high value.
According to owner they will continue to help in marketing and advertising to maintain the targeting of market audience. The owner will stay on for training and transition for two months.
Reason for sale: Owner was enthusiastic when she started the business but became disheartened by Covid.