Property ID : kingswinford jewellers
For sale £74,950 - Jewellers
This well- established business has been owned by our client for some thirty seven years and sits in the heart of this popular town within the Metropolitan Borough of Dudley
The premises occupy a prominent position on the High Street and is close to all major retailers and banks .
The leasehold property is a one storey building comprising a retail showroom and office
The Business specialises in traditional jewellery services , valuation and repairs with the added services of gold buying and services and has the security of a large safe for valuables .
The business is already operating successfully; it does however, still offer excellent potential to increase both sales and profits in the future by:
1. Buying and selling more gold
2. Buying and selling second hand jewellery
3. The business should have its own web site and offer web sales
4. The business should do selective advertising
Introduce High Quality Watches is highly recommended also by the current owner !
Tues- Friday 9.30-4.30 pm Saturday 9.30-4pm
The business is couple run and managed
Turnover for financial year was £117000, with a good gross and excellent net profit
A new lease will be granted of either 5 or 10 years , with an handover period if required
The rent payable amounts to £1600 per month
Stock is extra with a value currently of circa £85000
Genuine RETIREMENT sale
We would highly recommend viewing this profitable concern which is genuinely offered for sale as our client looks towards retirement
Financial (Accounts ) will only be discussed at an appropriate meeting
A freehold investment is also a possibility under the right circumstances
A full profile is available once a non disclosure agreement has been signed.
All enquires to Kevin Stokes at email@example.com City Business Brokers,111 Hagley Road, Edgbaston, Birmingham,B16 8LB Telephone-0121 452 5133 07775903332
All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information.
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 ring Kevin Stokes