Jewellers for sale in Sleaford

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Ian McGregor (Nov 2013)
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Leasehold Price: £50,000 Price Reduced Annual Turnover: £115,000
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Business Description


Intelligent Business Transfer are excited to offer to the market this superb opportunity to purchase an established Jewellers in Lincolnshire.

The jewellers has been established in the area for over 40 years, however the current owner has owned the business for 3 years. The business has experienced financial growth on an annual basis over the last few years and has built a great reputation in the community.

The business offers their clients a range of different Jewellery, from watches to engagement rings and ranging in price and quality. The business has been renovated to an extremely high standard and has a prominent location in the town centre.

The turnover of the business for last year was in the region of £120,000, with an adjusted net profit figures of £40,000, due to the minimal overheads of the business.

A potential buyer would be able to increase these figures significantly if they were to introduce an e-commerce aspect to the business. Other jewellers have experienced a large amount of success by selling their products online and with the right marketing; the same could be achieved with this business.

The current vendor is selling the business in order to take a well-deserved retirement. This business would suit an entrepreneur or current jewellers looking for a bolt on acquisition with huge potential.
Tenure: Leasehold

Listed by: Intelligent Business Transfer
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