For sale £322,000 - Jewellers
City Business Brokers are delighted to welcome to the market this well-established and thriving jewellery business, located in a prime trading position in this well known market town
The business was established in 1968 and has been in our client’s careful ownership for the last 34 years Only now is the business being offered to the market due to our client’s desire for a well-earned retirement. The business operates 5 days per week and generates a turnover in the region of £100000 per annum, with a gross profit of approximately 60%. Stock will be extra ….
Our client offers a wide variety quality jewellery, watch repairs and valuations, as well as buying and selling gold . The business has built up an enviable reputation within the area for the high quality of the goods and services offered, which has resulted in a very loyal client base with a lot of repeat trade and word of mouth referrals.
Our client boasts many contacts to suppliers and trade. We feel there is scope to increase the turnover by extending the opening hours, as our client is currently closed on two days in the week . There is also scope for a new owner to establish an ecommerce website for the business, as there is currently none available, which could incorporate naturally an online ordering system, which would further boost the turnover.
Our client is happy to provide on going training if required to assist with the smooth transition of ownership.
Freehold – The grade 2 listed three storey accomadation has provided ample comforts and space for the owners family and briefly consists of Cellar , ground floor – shop , hallway
rear extension that comprises living room and kitchen on the ground floor +bathroom and office on the first floor,enclosed yard accessible via living room and kitchen, way through to garage
1st floor- 2 large size bedrooms and 2nd floor – 2large bedrooms plus attic
This is an excellent opportunity for a new owner to take this already thriving and busy business to the next level; therefore, early viewing must come highly recommended to avoid disappointment
All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information
Viewing Arrangements All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business. For an appointment to view, please complete the form below or telephone 0121 452 5133 / 07775903332
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