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Jewellery and Gold Buying Business for Sale in Ely, Cambridgeshire with Local Customer Base

Ely, CambridgeshireEst. 29 years
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Established Jewellery & Gold Buying Business for Sale in Ely, CambridgeshireEstablished Jewellery & Gold Buying Business for Sale in Ely, CambridgeshireEstablished Jewellery & Gold Buying Business for Sale in Ely, Cambridgeshire
  • Status

    FOR SALE

  • Advert ID

    658075

  • Leasehold: Price on Application
  • Rent: £18,000 (£1,500 per month)
  • Turnover: On request
  • Profit: On request

Business Details

Established Jewellery & Gold Buying Business for Sale in Ely, Cambridgeshire

Italian Jewellery Ltd is a well-established and profitable independent jewellery business occupying a prominent retail position in the historic centre of Ely, Cambridgeshire, close to the Cathedral, High Street and main market area. The business benefits from regular local footfall as well as visitors and tourists to the city.

The business has built a strong local reputation and a loyal, repeat customer base over many years. It provides a range of jewellery-related services, including the sale of jewellery, buying precious metals, jewellery repairs and restoration, rhodium plating, watch batteries, straps and other associated services.

The premises are professionally fitted for jewellery retailing and include display cabinets, shop fittings and a fully equipped jewellery workshop. A comprehensive range of fixtures, fittings, machinery, workbenches, computer equipment and other operational equipment is included in the sale. Jewellery and other trading stock are not included in the asking price and can be dealt with separately if required.

Security is well established, with substantial physical security installations including a metal security grille to the shopfront, window protection and additional internal security measures.

The business has demonstrated strong profitability and operates with relatively limited current opening days, presenting considerable scope for a new owner to increase trading hours and further develop the business. There is also potential to expand the online side of the operation, as the business already benefits from an established informational website and strong visibility through Google Search.

The sale represents an excellent opportunity for an owner-operator, jeweller or entrepreneur wishing to acquire an established business with a recognised local presence, existing customer base and significant potential for further development.

The owner is selling after many successful years of trading in order to pursue other interests and make a lifestyle change. Full training and handover support will be available to assist the purchaser and ensure a smooth transition.

Viewings are strictly by appointment, and further information can be made available to genuinely interested prospective purchasers.

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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.

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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.

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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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.

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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.

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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.'.

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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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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.

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