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(REF: 9892DE)  Retail Jewellers With Repair Workshop
 
Seller Reference: 9892DE
B4S Reference: 23169
Asking Price: £120,000
Net Profit: £56,600
Sales Revenue: £159,164
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Undisclosed, Staffordshire, United Kingdom
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Similar business types:
Jewellers For Sale in Staffordshire
  Business Summary   
  HISTORY

• The vendor has been in ownership for the last decade. During this time, he has built up a valuable reputation and considerable goodwill.

REASON FOR SALE

• Moving onto a different venture.

PRODUCTS/SERVICES:

• Our client has mainly concentrated on the repair of jewellery despite his prominent trading position.

CUSTOMERS

• Mainly from the local area both regular and passing trade





DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.
  Property Information   
  Property: Leasehold
 
  Living Accommodation: No
 
  Details of Accommodation: • A double fronted retail property briefly consisting of the following:
• Retail sales displays and cabinets
• Two shop window displays
• To the rear of the shop there are:
• Two work benches
• Fully equipped polishing & plating
• Fully equipped and operational jewellers workshop
• Micro welds
• Rollers
• Staff area
• Rear car parking for three vehicles
 
  Location: • The business is located in the very heart of this busy town benefitting from a pedestrianised area, which has a very high footfall.
• The immediate area has a multitude of blue chip national retailers, banks and quality independent retailers.
  Growth Potential   
  • The vendor has informed us that there is genuine potential to increase sales and profitability by:
• Offering a repair service to the trade or other jewellers
• To advertise, as none is conducted at present
• To develop retail sales both in the store and online
• The creation of a web site offering a repair service
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  • Monday to Saturday:
9am to 4:30pm
  Summary of Staffing   
  • Owner ran with the support of two part time morning members of staff





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