Jeweller Businesses for sale in Canada

Count every item by stock code, metal, weight, stone, cost and ownership status. Separate owned, consigned, customer and repair goods, then obtain independent testing for material high-value pieces.

Match each job bag to the customer's item, quotation, deposit, promised date and work completed. Reserve enough labour and materials to finish inherited orders without counting deposits as profit.

Compare sales, margin and stock turn for new jewellery, estate pieces, watches, custom work, repairs and appraisals. Different skills, inventory exposure and customer acquisition costs can produce very different earnings.

Check that quality marks, trademarks and representations on gold, silver, platinum and palladium articles comply with Canada's Precious Metals Marking rules. Trace imported and private-label stock to supporting supplier records.

Determine whether its precious-metal or stone transactions bring it within FINTRAC requirements. Review the compliance program, identity records, large-cash reports, suspicious transaction procedures and any historical compliance examination.

Review safes, alarms, cameras, showcases, key controls, opening procedures and police incidents. Confirm insurance limits, deductibles, transit coverage and warranties match peak owned, consigned and customer-property exposure levels.