Advised annual turnover of £279,000 with a GP of 53%
General stock value £150,000 which is included
Long established and highly reputed business
Situated in the desirable village of Kingswood
Genuine reason for sale due to retirement
Early viewing essential to fully appreciate
Scope for further development
Currently run at a pace to suit
Family run business
Meridian Business Sales are delighted to offer for sale this excellent jewellery and gift shop which was established by our client's family since 1890 and has been in the careful hands of our client for some time. Our client is reluctantly offering the business to the market due to a desire to take a well deserved retirement. Since the business was established our client has run the jewellers at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our client informs us that annual turnover currently runs at £279,000 with a gross profit margin of 53% which is derived from the sale of a wide range of jewellery and gifts such as gold, silver, diamonds, clocks, watches and ornaments as well as offering professional repair, alterations and cleaning services. Our clients generously including all of the stock making for an easy transaction. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as this superb business is not to be missed.
Monday: 9:00am – 5:00pm Tuesday: 9:00am – 5:00pm Wednesday: 9:00am – 5:00pm Thursday: 9:00am – 5:00pm Friday: 9:00am – 5:00pm Saturday: 9:00am – 5:00pm Sunday: Closed
Glass fronted, well presented and highly visible character property, briefly comprising: GROUND FLOOR Secure entrance leading to: Open plan showroom 2x payment counter/sales desks Cash register Various free standing displays Wall mounted displays Glass display cabinets and counters REAR: Office Storage room FIRST FLOOR Further showroom Various free standing displays Wall displays Display cabinets and counters Payment counter/sales desks with cash register Staff toilet facilities Workshop Staff room Storage room EXTERNAL Parking facilities Additional Information The first floor has an area of approx 450 square metres ,with rear access and parking spaces.As many of the adjoining shops have already done with the relevant planning permission this could easily be converted into many flats.The shop itself could easily be returned to two separate units as they originally were.
This superb jewellery shop is located in the urban village of Kingswood close to the popular tourist destination of Bristol City Centre. The business is surrounded by a wealth of complementary businesses, residential properties and is close to a large communal car park as well as roadside parking which allow the business to enjoy a vast amount of passing trade. Kingswood is popular with tourists who visit the many attractions and leisure facilities in and around the town such as; Kingswood Heritage Museum, also Bristol holds attractions which bring tourists to the area such as the well-known Bristol Zoo. The near by villages include Warmley, Longwell Green and Willsbridge which are all in close proximity of Kingswood. The village is easily reached through the M4 leading to the A4174 and A420 giving easy access to tourists and visitors.
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