Jewellers for sale in Cannock

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

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Y. MacGregor (Nov 2017)
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Leasehold Price: £26,000 Under Offer Annual Turnover: £256,000
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Business Description
City Business (Retail div ) is delighted to welcome to the market Jonathans Jewellers.
This well- established business which has been owned by our client for some 25 years and sits in the heart of this popular Staffordshire Town
The premises occupy a prominent position within the Town centre and is close to all major retailers and banks .
The property is a single storey building comprising a retail showroom on the ground and a stock room and wc to rear ..
The Business specialises in traditional jewellers services , valuation and repairs with the added services of gold buying and services and has the security of a large safe for valuables .
We feel .the Business could expand further with the introduction of additional stock lines which would appeal to new markets or initiate an e-commerce website.
The business is already operating successfully; it does however, still offer excellent potential to increase both sales and profits in the future by: 1. Buying and selling gold 2. Buying and selling second hand jeweler 3. The business should have its own web site and offer web sales 4. The business should do selective advertising 5. A new owner wanting to work for 6 days a week could potentially then save on staff wage costs

Introduce High Quality Watches is highly recommended also by the current owner!
If this business was owner run it should show profits between £55,000 and £60000 !!!

Trading hours Monday- Saturday 9.00am – 5.30pm The business is currently run by 3 part time assistants

Financial Turnover for financial year 2015 was £256000 , with a good gross profit
#If this business was owner run it should show profits between £55,000 and £60000 !!! #

A new lease will be granted of either 5 or 10 years , the current lease has a flexible arrangement attached

The current rent is £10500 pa # Membership of the Company of Master Jewellers

Genuine RETIREMENT sale - Mr Chatwin is 72 years old
Tenure: Leasehold

Leasehold Term: New Lease with rent free period

Listed by: City Business Brokers
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