Business for Sale Overview:
This independent retail jewelers has been established for over 25 years and specializes in quality watches, jewelery and gifts targeting mid market clientele.
The business has established an excellent reputation for quality products and has good accounts with popular brand names including Guess and Storm. Based in an enviable town center location the jewelery store attracts a large amount of new and repeat business from the local area.
Successfully established as a quality jeweler the experienced staff offer friendly, personal and professional advice to their customers, with every effort made in order to satisfy the customer’s individual requirements.
Excellent trade relationships ensure competitive prices and a continuous supply of quality goods.
With an excellent reputation and large customer base there are numerous opportunities for expansion awaiting the successful buyer.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Situated in a town center location the leasehold shop premises are bright, welcoming and well fitted. Annual rent £15,000 per annum with rates of £5,000. The renewable lease expires in Feb 2010.
Market Competition and Expansion:
Much of the turnover has been gained as a result of passing trade and subsequent word of mouth. To date the Company has spent limited money on marketing, concentrating on local paper advertisements in the build up to Christmas. Investment in a business website would be a valuable asset in attracting new business and there is no doubt that turnover and profits could increase using this additional medium.
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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