Jewelry Shop for Sale in Epping Essex with Loyal Clientele and Growth Potential
Epping, Essex
- Status
FOR SALE
- Advert ID
648222
- Leasehold: £60,000 (Stock at valuation)
- Rent: £18,900 (£1,575 per month)
- Turnover: N/A
- Profit: On request
Key Features
- Comprehensive security systems
- Retail space with visibility
- Retirement sale opportunity
- Scope for business development
Business Details
Jewelry Shop for sale in Epping Essex.
Discover a remarkable opportunity to acquire a small family-run business in Epping that has been well-established for over 29 years. This profitable venture boasts a loyal client base and is renowned for its exceptional customer service. There is significant potential for business growth, making this an enticing prospect for both owner-operators and investors.
With a strong community reputation and an impressive annual turnover, the business has seen a consistent increase in profitability. The sale is motivated by the owner’s retirement, providing a perfect chance for someone passionate about continuing this tradition of excellence. All fixtures and fittings are included in the sale, ensuring a smooth transition for the new owner.
Key Business Details
The leasehold price is set at £60,000, with an annual rent of £18,900. The secure lease offers reasonable terms that contribute to the overall sustainability and potential of the business. Currently, the business maintains a presence on yell.com, but there is ample opportunity to expand its online visibility further to attract more customers.
This business excels with an extensive array of features that enhance its appeal:
- Comprehensive security systems and features ensuring customer safety
- A retail space that guarantees visibility and foot traffic
- Year-round trading opportunities, including seasonal peaks
- A workshop that supports traditional craftsmanship and offers unique, bespoke designs
- Strong community engagement that fosters repeat business
- Well-presented, walk-in condition premises conducive to customer comfort
With a secure payment structure and transferable ownership, potential buyers can feel confident in the business's operational stability. Additionally, the premises are well-equipped with suitable workshop facilities, enhancing overall efficiency and productivity. This opportunity not only presents a chance to inherit a successful business but also to innovate and expand upon its solid foundation.
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Stay Safe
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.
Stay Safe
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.
Be safe, use a Rightbiz Solicitor
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