Traditional, Independent Retail Jeweller Businesses For Sale in United Kingdom at FranchiseLeader.com - Buy Franchises, Sell Franchises, Franchise Businesses for Sale

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Traditional, Independent Retail Jeweller

Location  United Kingdom
Asking Price Range  < $250K
Gross Revenues  $474473
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1960
Number of Employees  4 - 5
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Leased
Training  The current owners will provide all necessary training and introduction to all relevant supplier contacts to ensure a smooth transfer of the business to new Owners.
Reason for Sale  This is a genuine retirement sale.
Description  Traditional, independent retail jeweller with good levels of repair turnover Ref.AN032 Location West Sussex Asking Price œ120,000 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. Renowned for offering good 'old fashioned' customer service and held in very high regard by its competition, this business is committed to making the purchase of rings, watches, jewellery, clocks and silverware a pleasurable experience for its customers with its wide range of fine products, beautifully displayed in traditional, characterful premises. Knowledgeable, friendly, professional and helpful staff are always on hand to assist customers with their choice and answer any queries they may have relating to the merchandise available.
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