Total of 18656 firms and businesses for sale today Saturday 27th April 2024
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Sold. Profitable Chain Of 5 Traditional, Independent Retail Jewellery Outlets

LISTING DETAILS
Firms For Sale ID:
33788
Vendor reference:
AK045
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£1,750,000  
Turnover / revenue:
£1,700,000
Net profit / cashflow:
£350,000
Years established:
30

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Profitable chain of 5 traditional, independent retail jewellery outlets
Ref.AK045
Location South and South West England
Asking Price GBP 1,750,000
Turner Butler has been appointed to invite offers of purchase for the assets and goodwill of a Business operating as a highly profitable chain of five traditional, independent, retail jewellery outlets.

Key strengths:

The Company has the following key attributes:

Five completely fitted traditional jewellers outlets in prominent retail locations.
Sales of new and pre-owned jewellery gold and silver, gemstones, clocks, watches and gifts
On-site servicing and repairs via three well equipped jewellery workshops.
Fully delegated control to local management responsible for the day-to-day operations of the Business.
Well trained, loyal and committed sales staff.
Excellent physical security, safes, CCTV and alarm systems.
Over thirty year of successful trading.
Broad ranging, established, loyal customer base.
Well-established relationships with manufacturers, importers and suppliers.
Extended credit and long term supplier approvals.
Excellent growth and expansion opportunities watch and e-commerce sales.
Very high levels of customer service.
Complete turnkey operation.

The Business provides an acquirer with:

An excellent opportunity for any investor looking to acquire a Business currently run on a day-to-day basis independently of the current ownership with full operational control delegated to local management.
An ideal bolt-on opportunity for an existing jewellery retailer looking to significantly increase their presence in the jewellery retail sector.