| (REF: AB159) Independent Retail Jewellers |
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| Seller Reference: |
AB159 |
| B4S Reference: |
12379 |
| Asking Price: |
£67,500
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£164,000 |
| Number of Staff: |
7 |
| Established For: |
25 Years 0 Months |
| Ownership: |
Leasehold |
| Location: |
Co. Down, N. Ireland, Down, United Kingdom |
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This independent retail jewellers has been established for over 25 years and specialises in quality watches, jewellery and gifts targeting mid market clientele.
The business has established an excellent reputation for quality products and has good accounts with popular brand names including Guess and Storm. Based in an enviable town centre location the jewellery store attracts a large amount of new and repeat business from the local area.
Successfully established as a quality jeweller the experienced staff offer friendly, personal and professional advice to their customers, with every effort made in order to satisfy the customer?s individual requirements.
Excellent trade relationships ensure competitive prices and a continuous supply of quality goods.
With an excellent reputation and large customer base there are numerous opportunities for expansion awaiting the successful buyer.
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Property: |
Leasehold |
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Lease Terms: |
The well fitted shop premises are situated in a town centre location. Leasehold, the rent is £12,000 per annum with rates of £5,000. |
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Living Accommodation: |
No |
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Much of the turnover has been gained as a result of passing trade and subsequent word of mouth. To date the Company has spent limited money on marketing, concentrating on local paper advertisements in the build up to Christmas. Investment in a business website would be a valuable asset in attracting new business and there is no doubt that turnover and profits could increase using this additional medium. |
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The current owner is prepared to provide training and handover to the new owners to make certain the excellent name and trade of the business continues.
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Monday ? Saturday:10.00am ? 5.30 pm |
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Two staff are employed at all times for insurance purposes, one full time and two part time plus one Saturday girl |
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