Indian Jewellery Boutique for Sale in Leicester's Golden Mile - Rituals Jewellery
Leicester, Leicestershire
- Status
FOR SALE
- Advert ID
637408
- Leasehold: £25,000 (Stock at valuation)
- Rent: £10,833 (£903 per month)
- Turnover: £70,000 (£1,346 per week)
- Profit: On request
Key Features
- Prime Location
- Town Centre location
- Established Business
- With Car Park
Business Details
Established Indian Jewellery Boutique Golden Mile, Leicester £25,000
Key Details:
Business Type: Retail Jewellery
Location: Belgrave Commercial Centre, Golden Mile, Leicester
Tenure: Leasehold
Turnover: £70,000
Asking Price: £25,000
Established: 2006
Main Description:
“Well-established Indian jewellery boutique ‘Rituals Jewellery’ located in the prestigious Belgrave Commercial Centre on Leicester’s famous Golden Mile. Successfully serving the vibrant South Asian community for 18 years with loyal customer base and growing online presence."
Reason for Sale: Reluctant sale due to owner’s changing family commitments following the arrival of a new baby. This represents an exceptional opportunity to acquire a profitable, established business at an attractive price.
Prime Location Benefits:
Heart of the Golden Mile – Leicester’s premier South Asian shopping destination
Belgrave Commercial Centre with dedicated car parking
High footfall from both local community and visitors from across the UK
Surrounded by complementary businesses attracting target customers
Key Features:
Comprehensive stock of traditional and contemporary Indian jewellery
Established online sales channel expanding customer reach
Complete fixtures and fittings included
Loyal customer database built over 18 years
Excellent reputation within the community
Strong supplier relationships developed over nearly two decades
Financial Overview:
Annual turnover: £70,000
Lease: 3 years ongoing
Rent: £10,833 ex VAT per annum.
Included in Sale:
Complete stock inventory (valued separately)
All fixtures, fittings, and display cases
Point of sale system
Website and social media accounts
Customer database
Established supplier network
Outstanding opportunity to acquire a thriving business in Leicester’s most sought-after retail location. With nearly two decades of trading history, strong annual turnover, and genuine reason for sale, this represents exceptional value for a motivated buyer seeking an established operation with immediate income potential.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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