$99,999
For sale: Other

ESTABLISHED JEWELLERY BUSINESS & CUSTOM DESIGN OPPORTUNITY - WELLAND! Excellent opportunity to acquire a well-established, family-owned and operated jewellery business with a strong local presence. Zibi's Jewellery Centre offers a unique combination of retail jewellery sales, custom jewellery design, professional goldsmith services and on-site repairs. The business specializes in custom-designed jewellery, engagement and wedding rings, family rings, engraving, gold, silver and amber collections, as well as jewellery and watch repairs. Additional services include watch battery replacement and servicing, clock repairs, and purchasing gold and silver. Known for its unique custom creations and personalized service, the business has built a loyal customer base and a recognizable presence in the Niagara community. The owner has extensive experience as a goldsmith and watchmaker, providing an excellent foundation for a new owner/operator or investor looking to continue and expand the operation. Located on Thorold Road in Welland with convenient access and strong visibility, this is an excellent opportunity to acquire an established jewellery business with multiple revenue streams and significant potential for growth through custom design, repairs, retail sales and precious-metal services. TURNKEY OPPORTUNITY - IDEAL FOR AN EXPERIENCED JEWELLER, GOLDSMITH, WATCHMAKER OR ENTREPRENEUR.
Sold data
Homes in N Welland took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 54, across 46 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 42 days.
The median sale price was $594,450.
Homes sold for about 3.2% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 24% of sellers reduced their price before finding a buyer.
Based on 46 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Welland (N. Welland) has 23 Fraser Institute–rated schools (18 elementary and 5 secondary), averaging 6.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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