Jewellers for sale in Grantham

View the "Traditional Jewellers in Lincolnshire" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 The purchaser came to us from the advertisement on Daltons. 

Julie Ashcroft (March 2017)
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Leasehold Price: £95,000 Price Reduced Annual Turnover: £322,213 Annual Net Profit: £77,936
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Business Description

Intelligent Business Transfer are delighted to bring to the market a well-known, high-quality jeweller, favoured by locals for its wide range of class jewellery and its excellent customer service.

Established in 2001, the current owners have worked hard to grow the business and by maintaining low overheads, have experienced consistent yearly growth and generated an annual turnover in excess of £300,000.

Such a company has massive potential which can be utilised by a new buyer. For instance, growing the product range would effectively appeal to more customers and extending opening hours and operating on Sundays would draw in more patrons. As well as this, hiring more qualified staff to oversee the repair side of the business would allow the business to handle a larger workload and provide a better customer service.

The current business has grown without an online or social media presence. Establishing an e-commerce website and managing social media accounts to increase exposure to the business would effectively draw in more customers and allow the business to appeal to a wider audience. As well as this, holding regular sales and promotions would also be a strategic way of bringing in more customers and successfully increasing the yearly takings.

The current owners are seeking retirement and have approached Intelligent Business Transfer to find a suitable buyer who will uphold the current business values and look at new ways of developing the business further.
Tenure: Leasehold

Listed by: Intelligent Business Transfer
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