| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 4,843 TIME(S)
BUSINESS REFERENCE : 8816NG / RightBiz 8816NG PREMIER JEWELLERS LEASEHOLD: £185,000 + SAV NOTTINGHAMSHIRE | | | | | | 8816NG PREMIER JEWELLERS LEASEHOLD: £185,000 + SAV NOTTINGHAMSHIRE | | | BUSINESS LOCATION: | Undisclosed Nottinghamshire UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Jewellers | | SALE: | Agent Sale | LEASEHOLD: | £185000 | | | | | | | | | | | BUSINESS DETAILS: | HE BUSINESS
Advent Business Sales is delighted to offer
to the market this extremely well established
and highly profitable jewellers, which has
been trading for almost half a century.
The current vendor has been in ownership for
the last three decades and now offers a
genuine sale due to retirement.
The business is probably within the top two
jewellers in the town and commands a loyal
customer base.
The jewellers is open for trade five days per
week and is easily run by the husband and
wife team without any staff.
All trade is retail of which 20% includes
repairs, whilst sales are predominantly 18ct
and diamonds.
All repair work and manufacturing work is
subcontracted. Trade work is not
undertaken.
Sales vary from £20 to many thousands per
job.
The business has excellent accounting
information, which shows a net profit of
£120,000 before tax and interest.
The business offers scope to trade 6 days a
week as well as having its own workshop
(probably within the basement).
Any serious experienced jeweller should not
wait to view. Businesses which are so
profitable and easily managed rarely come to
the market, especially in such a highly sought
after location.
Prior to viewing, any potential purchaser
will have to provide proof of funding.
The owner is willing to conduct a very in
depth and detailed hand over period.
Stock at present is in the region of £70,000.
The vendor has informed us that the business
does not need such a high value. The owner
is prepared to reduce the stock considerably.
TRADING HOURS
Mon, Tues, Thurs- Sat: 9.30am – 5.00pm
Wed: closed
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Annual sales: £ TBC
Gross Profit:
Accounts will be made available to
interested parties after a viewing has taken
place.
Please let us know if you require finance for
the purchase of a business.
BUSINESS PREMISES
The leasehold lock up retail premises are of a
high standard with an elegant built
enclosure and briefly consist of:
Ground Floor
Double front shop window display
Central main door
The shop front is of solid mahogany
Bandit glass
Air conditioned
Electric shutters
Large chubb TDR safe
A large basement (could house a
workshop)
TENURE: Leasehold
Original lease: Renewable
We are advised that the annual business
rates are currently: TBC | | | | | | FOR SALE | | | | | SELLER: | ADVENT BUSINESS SALES | | CONTACT: | 0844 8009092 | | REFERENCE: | 8816NG / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
