Business for Sale Overview:
This truly independent and historical business has been dealing in jewelery since the 1700’s and in that time has built up a wonderful reputation in the North West. A true family business the current vendor has been in sole control for almost 20 years.
The business retails a fine range of jewelry and watches as well as providing high class watch repairs to its customers. It also deals in second hand jewelery but this is only a small part of the business.
Over time the business has built up a superb reputation in the market it serves and in the main tends to supply British design classics.
The business is ideally positioned in the main pedestrianised shopping centre of the town and enjoys impressive levels of footfall such is its location and standing in the region.
Repairs are outsourced to high quality trained restoration businesses who the company has used for many many years.
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:
The business operates from the perfect retail location in the town. The street is pedestrianised and enjoys very high levels of footfall. The premises are leasehold. The current lease is for a further 5 years.The premises comprise double fronted windows with central doorway. Ground floor retail and display area with small workshop and office area. There is also a first floor storeroom and toilet. The premises have 4 large safes that are included within the sale. Ground floor space circa 500 square feet. Current rent is circa £15,600 p.a. Rates are circa £6,000 p.a.
Market Competition and Expansion:
The business has never felt the need to advertise such is its historical reputation. The business has built up a superb reputation by word of mouth recommendation and enjoys a high level of repeat business, which is maintained by a strong client rapport, valuing the customers and striving for the best in client service and client retention.
Reason for Selling:
This is a genuine retirement sale.
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.