Wedding Rings Design Manufacturer Supplier For Sale

Price:

Leasehold - £210,000

Turnover:

Seller Ref:

IN003

Location:

UK Non-Specific

Business Type:

Retail businesses, Service Businesses

See Other:

Jewellers for sale in UK Non-Specific
Wedding services for sale in UK Non-Specific
Retail businesses for sale in UK Non-Specific
Service businesses for sale in UK Non-Specific

Description:

THE BUSINESS:

It is important to note that this is not a high street jewellry retail operation. The company was established in 1998 and has carved itself a niche market in the design, manufacture and supply of bespoke, hand made engagement and wedding rings. The manufacturing is outsourced to a stable base of twenty manufacturers based the UK and Europe. These manufacturers vary from major producers to individual makers all of whom are capable of working with gold, silver and titanium.
The business also supply accessory products such as necklaces, earings, bangles, cufflinks and tie pins.

Equipment:

The company has a limited range of equipment to handle the ??emergency?? services such as resizing, polishing and re finishing.

Customer Service:

This business is aimed at the A, B demographic and over the years the operation has built up a database of over four thousand clients. The average cost of a pair of wedding rings exceeds one thousand pounds.

Every prospective client is seen by appointment at the company??s premises and the business holds an extensive range of sample rings and gemstones for the client to choose from. Alternatively individual designs can be specified and designed exactly to the customer??s requirements thus creating a totally unique ring for the more discerning bride to be.

Key Strengths:

The business ha s no borrowings
The operation operates form well appointed offices that would be available if required.
Low overheads
Inflation proof market
Minimal staffing requirement
Excellent growth potential

Lease Terms:

The rented premises are available if required. They consist of a well-appointed office / showroom covering around five hundred square feet. They are located in a well-positioned block of serviced offices / businesses and come at a very reasonable cost of £1200 per annum. The premises contain a number of bespoke display cabinets and a substantial safe. There is adequate parking.

Trading Hours:

The working hours are flexible and in many instances depend on the availability of the client.