Design Of Bespoke Rings With Huge Potential For Sale in Shropshire- Business 4 Sale .co.uk

Business Summary

HISTORY

• The business was founded by the present vendor over 13 years ago

REASON FOR SALE

• The business is only now being reluctantly offered for sale due to the vendor’s ill health

PRODUCTS

• The business specialises in the design of bespoke rings for any occasion
• They can be made in gold, silver, platinum, palladium, steel or titanium
• The actual manufacturing process is sub contracted

CUSTOMERS

• The business has customers from all around the country although circa 90% of them come from Cheshire, Shropshire, Staffordshire and North Wales

STRENGTHS

• An extremely well established business which has been trading for over 13 years
• Excellent location in the heart of a busy and popular market town
• High referral trade from other satisfied clients
• Niche market with little direct competition

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 These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants.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).

Property Information

	Property:	No Property Included

	Current Rent:	10000

	Living Accommodation:	No

	Location:	• The business is currently located in the heart of a popular market town in Shropshire. The business will need to be relocated upon purchase

Growth Potential

• Although already a very successful business, it still offers tremendous potential to increase both sales and profits by:
1. Having representative groups to attend bridal fayres all around the country
2. The business concept could quite easily be franchised
3. Do direct mail shots to brides from lists that are available to purchase
4. Carry out ring repairs and size alterations
5. Have more diverse ring related products on the web site

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

• Customers arrive by prior booked appointments only, which are normally within 9.30am – 5.30pm Tuesday to Saturday

Summary of Staffing

• The vendor works full time in the business, it also requires one other full time employee to run efficiently

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