Traditional, independent retail jeweller with good levels of repair turnove
Price:
Leasehold - £120,000
Business Type:
Retail businesses
Established in the 1960’s and in the hands of the current owners of the business, the second generation of the family, since the late 70’s, this traditional outlet is recognised locally as a high quality jeweller specializing in medium to high end pieces, engagement rings, wedding rings and watches together with modern and traditional gold jewellery from leading manufacturers.
The healthy turnover from sales of new jewellery is matched almost equally by its repair and restorations service, a clear differentiating factor from its competitors and a major buffer against the more mainstream High Street outlets. The cleaning and repairs to most jewellery items, re-setting gemstones; soldering broken chains, re-sizing of rings, replacing stones, cleaning mechanical watches and the replacement of batteries for higher quality watches, for example - are all carried out by this business. Watch repairs and some jewellery repairs are undertaken in-house with additional support available from an outside setter. The company also outsources engraving work which is another important source of income for the business.
This business occupies a secondary retail location just outside the main shopping areas of this busy West Sussex town. Close to a large car park and very well established, the business enjoys high levels of customer awareness and good levels of footfall.
The business currently opens six days per week, between 9.00 am and 5.00 pm and is closed half day o
North Yorkshire
£ 750,000
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