Jewellers for sale in Wythenshawe

View the "Town Centre Jewellers & Gift Store" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 Thank you Daltons for understanding our franchise and providing several years of a professional and helpful service. 

Amy Cross, Spoton.net (July 2016)
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Leasehold Price: £19,950 Turnover: £40,000 Gross Profit: £30,000
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Business Description
BUSINESS
Hilton Smythe are welcoming to the market Jem’s Jewellery. Our client opened the shop 45 years ago and is now wishing to retire.

This is a fantastic opportunity for anyone looking to get into the jewellery industry. This particular shop benefits from being very well established, in the heart of the town center of Wythenshawe. The business boasts very low rent and the rates are exempt. There is plenty of scope to improve the turnover by introducing online sales, utilizing social media and general advertising.

Our client currently does a lot of watch repairs and is well known for its services in the area, the sale includes all the equipment and tools to continue this service, our client is also offering a hand over period to introduce the new owner to the locals and show them the ropes.

The stock is currently valued at around £100,000 this consists of; hairbands, bows, slides, fascinators, scarves, tiaras, sunglasses, lighters, gift boxes, necklaces, earrings, bracelets, sterling silver and gold products, watches, designer watches, batteries and much more.

Early viewing is advised as this is such a good opportunity in a prime location with so much scope to expand.  

LOCATION
Situated in Wythenshawe town centre, close to local supermarkets, shops and restaurants.

This location is just a 7 minute drive from Manchester airport and local train station. The main road links are the M56 and the A34. There is also a bus station just a 2 minute walk away with buses frequently running to Manchester city centre, the airport, Trafford Centre and local nearby towns.

PREMISES
Shop with 2 lock up storage units close by.

Shop

Plenty of slat wall boarding and hooks

Work bench and tools for watch repair

5 x large glass display units

Tall double glass display unit

Shelving and display stands

Casio till and card reader

5 x tall single glass cabinets

Window display shelving

Under and over counter storage

The storage units are 2 storey and are security locked (1 minute walk from the shop).

TENURE
We are advised the premise has a rolling lease which is owned by the Manchester Council.

HOURS
The shops opening hours have been decreased due to our client’s circumstances.

Due to its central location, the shop would highly benefit from opening 7 days a week.

The current opening hours: -

Monday -Tuesday: 9am–5pm

Wednesday: 9am–3pm

Thursday – Saturday: 9am–5pm

Sunday: closed

STAFF
Our client runs the shop with the help of 2 part time staff members.

FINANCIAL PROFILE
The business reported a turnover for 2017 of approximately £40,000 with a gross profit of roughly £30,000.

EXTRA NOTES
Current owner is happy to offer a handover to ensure the continued success of the business and to introduce the new owner to the regular customers.

Tenure: Leasehold

Listed by: Hilton Smythe
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