| (REF: IN005) Manufacturer, Wholesaler and Refurbishment of Jewellery |
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| Seller Reference: |
IN005 |
| B4S Reference: |
06380 |
| Asking Price: |
£175,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£250,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Essex, Essex, United Kingdom |
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This is a well-established Jeweller, which has been trading successfully for forty years.
It has been under the present ownership since 2000 and has two separate areas of trade and expertise.
The first aspect of this business is the manufacturing & importing of both fine gold and silver jewellery to the multiple and independent retail jeweller. Currently the business has a database of over 600 clients who have purchased from the company in the past.
The second aspect of the business is the refurbishment & making of jewellery for both other jewellers and private clients.
The business has an outstanding reputation for quality products and service and has an excellent working knowledge of its product range, which consists of a selection of unique and unusual items including Art Deco and Victorian pieces. The business has an excellent reputation, large customer base and numerous opportunities for expansion, which await the successful buyer of this profitable and reliable business.
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Property: |
Leasehold |
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Lease Terms: |
The business operates from leasehold premises. The present owner pays a pepper corn rent, as there is an ongoing arrangement between them and the leaseholder. This arrangement can be continued by a successful purchaser and the owner of the lease.
The office/workshop itself is situated above a Jewellery store and the admin area consists of 4 desks in two rooms plus secure walk in storage room and two safes. The workshop area consists of two workbenches, polishing bench, engraving area, plus a separate electro polishing & plating room. A wash area and WC. Extra room for storage in the loft can be utilised. |
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Living Accommodation: |
No |
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Having been established for forty years this business does little by way of advertising enjoying high levels of repeat business and the most effective form of marketing, word of mouth recommendation, testimony to the excellent reputation this business has for its unique, high quality product range and customer service.
The business has an extremely detailed and informative website with photos of the silver jewellery with a sample display window to view. |
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The current market for this business’ services is growing and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs. This will best be achieved by an owner with an understanding of the value of the business specialist expertise and its advantage as a component alongside other building services. |
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Full support and training will be provided to the successful purchaser if required. |
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This is a genuine retirement sale. |
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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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8.30 am – 5.30 pm Monday – Friday. |
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The business is owner run with two full time staff consisting of one jewellery mounter, one administrator and one part time accounts person. In addition the use of outworkers as and when required. |
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