Traditional Family Jewellers For Sale

Business description

Advent Business Sales is pleased to have been instructed to offer to the market this extremely well established, respected and highly profitable jewellers.

The business has been run by the same family since 1913 and by the current owner since 1981, who now wishes to retire.

The business is probably the most respected in the town and commands a loyal customer base, as well as constantly gaining new customers.

All trade is specialist retail, especially gem stone jewellery, of which there are no repairs conducted on site.

All repair work and manufacturing work is sub contracted. Trade work is not undertaken.

The business has excellent accounting information, which shown an adjusted net profit of approx £72,000 for a working owner.
Any serious and experienced jeweller should not hesitate to view. Businesses such as these which are so established, profitable and easily managed rarely come to the market, especially in such a sought after location.

Prior to viewing, any potential purchaser will have to provide proof of funding.

The owner is quite willing to assist in a smooth and detailed hand over period.
REF: 9463S

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.

Property information

Property:

Leasehold

Lease terms:

TENURE: Leasehold

Location:

Our client is located within the very heart of a Derbyshire/South Yorkshire town with a huge variety of both corporate and independent retailers.

The busy shopping centre attracts a high volume of shoppers who benefit from the easy parking facilities.

The business is situated on one of the main routes into the centre.

Business Operation

Expansion potential:

There is great potential to increase sales by further advertising and by introducing a website.

This would be an ideal addition to an existing jewellers.

Trading hours:

Mon-Sat: 9.30am – 5pm