Traditional Family Jewellers
Price:
Leasehold - £195,000
Business Type:
Retail businesses
THE BUSINESS
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
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.
Disclaimer:
Viewing is essential to fully appreciate this business and strictly by appointment only through the agents.
N/B:
All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.
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.
North Yorkshire
£ 750,000
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