Design Of Bespoke Rings With Huge Potential | | Undisclosed Shropshire | | SHROPSHIRE DESIGN OF BESPOKE RINGS WITH HUGE POTENTIAL Extremely well established business which has been trading for over 13 years Excellent location in the heart of a busy & popular market town High referral trade from satisfied customers Niche market with little competition A/T: £324,663 L/H: £100,000 + SAV REF: 9960SY | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 60304
ADVERT IMPRESSIONS : 16,446 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Jewellers | | SALE: | Agent Sale | ASKING PRICE: | £100,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The business is currently located in the heart of a popular market town in Shropshire. The business will need to be relocated upon purchase.
HISTORY
The business was founded by the present vendor over 13 years ago
REASON FOR SALE
The business is only now being reluctantly offered for sale due to the vendors ill health
PRODUCTS
The business specialises in the design of bespoke rings for any occasion
They can be made in gold, silver, platinum, palladium, steel or titanium
The actual manufacturing process is sub contracted
CUSTOMERS
The business has customers from all around the country although circa 90% of them come from Cheshire, Shropshire, Staffordshire and North Wales
STAFF
The vendor works full time in the business, it also requires one other full time employee to run efficiently
TRADING HOURS
Customers arrive by prior booked appointments only, which are normally within 9.30am 5.30pm Tuesday to Saturday
FINANCIALS
Dec 2010
Sales £324,663
Gross £100,000 circa
Net £43,812
Stock Holding £200,000 circa
STRENGTHS
An extremely well established business which has been trading for over 13 years
Excellent location in the heart of a busy and popular market town
High referral trade from other satisfied clients
Niche market with little direct competition
SCOPE
Although already a very successful business, it still offers tremendous potential to increase both sales and profits by:
1. Having representative groups to attend bridal fayres all around the country
2. The business concept could quite easily be franchised
3. Do direct mail shots to brides from lists that are available to purchase
4. Carry out ring repairs and size alterations
5. Have more diverse ring related products on the web site
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967). | | | | | | FOR SALE | | | | | REFERENCE: | 9960SY / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
