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Jewellers Retail & Manufacturing Business For Sale

Henley on Thames, Oxfordshire, United Kingdom

Financials

Asking price: £125,000

Sales revenue: £200k < 500k

Net profit: < £100k

Fixtures value: £10,000

Stock value: £150,000

 

Business description
Rare opportunity to buy established retail jewellers with good workshop space , valuable watch brands, steel shutters , new alarm , cctv , large safe, solid customer base.


Years established: 16 years

Employees: 3

Trading hours: 9.30-5.30

Property: Leasehold


Lease terms
6 years left to run on original 21 year lease, renewable. Rent £25,000 pa for next 6 years held.

Location
Henley on Thames is one of the wealthest towns in England the shop is in a very prime location and is capable of selling high priced items.

Expansion potential
There is huge potential to expand this business pawnbroking, internet sales, jewellery manufacturing , higher priced labels & antique/secondhand jewellery & watches.

Competition / Market
The shop is the largest and most established independant in the town it covers all aspects within the jewellery trade ie watches , clocks , jewellery , repairs , manufacturing , valuations ,engraving etc .

Support & training
As much or little as required.

Reasons for selling
Retirement


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