Independent, Family Run Jewellers in Somerset

Wellington, Somerset

Status

FOR SALE

Date Submitted:

23/07/21

Advert ID

280100

Reference

R08121 / Rightbiz
Leasehold: £74,999
Annual Turnover: £200,000
Annual Net Profit: £28,000
    Excellent reputation

    Loyal customer base

    Low overhead costs

    Wide variety of products and services

    Strong supplier relationships

This is a unique opportunity to acquire an independent, family-run jewellers, which is based in Wellington, Somerset. The first Jameison jewellers store opened in 1921, with the current owners taking over the business in 2007. Over the years, the business has grown steadily and has now gained an excellent reputation and a loyal customer base in the sector.

This long-running business offers their customers a wide selection of different jewellery and personalised gifts. They also provide onsite jewellery repairs, which customers travel to from miles around. The company has strong relationships in place with the suppliers of their quality jewellery and gifts, which could normally be hard to attain for a new business.

There is huge potential for growth, as there is a massive opportunity to update the website and social media channels, in order to attract a new generation of clientele. This business also only currently opens for 5 days a week, increasing this to 6 or 7 days a week could be a great way to attract more trade.

The outside of the premises features a display window with an antique doorway. Inside the shop, there are display cabinets around the entire floor, with a counter on the side. There is a small office area at the back, which then leads to another door with a large workshop and storage facilities. There is a backdoor that takes you to a courtyard and large storage shed. Finally, there is a security door that comes to a large kitchen, toilet, and further storage space. All fixtures and fittings will be included in the sale.

With low overhead costs, this fantastic business would be perfect for a jeweller, looking to take advantage of this company’s fantastic reputation and loyal customer base. The current owners are only selling, as they are now looking to retire.

Excellent reputation
Loyal customer base
Low overhead costs
Wide variety of products and services
Strong supplier relationships
Contact Agent
Advert Reference:
R08121 / Rightbiz
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