Asking price: £33,000

Sales revenue: £55,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Preferred Commercial is delighted to offer to the market this popular jewellers business, which was established some 33 years ago. Our clients are now offering the business for sale due to their wish for a change in direction. The business generates a turnover in the region of £55,000 per annum with a gross profit of 42%. We feel turnover could be increased by extending the opening times, offering a wider range of branded items and perhaps extending the range to include such items as collectible figurines. There is currently little in the way of advertising and we feel the jewellers would benefit from the addition of a web site. This represents an ideal opportunity for anyone looking to acquire a town centre jewellers with huge future potential. Early discussions with Preferred Commercial are highly recommended.

Trading hours: Mon - Sat: 10.00am - 5.00pm Sun: Closed

Property: Leasehold

Lease terms
Leasehold: Original length: 10 years Remaining: 7 years Rent: £11,000 per annum

Location
Timeshop Jewellery Ltd is ideally located within the heart of the busy market town of Melton Mowbray in Leicestershire. The shop is set within a large parade of complementary shops and businesses in the main retail area of the town. Sherrard Street is part of the town's one way system, bringing much passing traffic and a high daily footfall. The business benefits from free on-street parking. Melton Mowbray, famous for its pork pies and Stilton cheese, is still a popular farming and market town with markets every Tuesday and Saturday. The town lies approximately 15 miles from Leicester and less than 20 miles from the M1 motorway.