Thursday, 26 February 2015

AK045-Profitable chain of 5 traditional, independent retail jewellery outlets

Profitable chain of 5 traditional, independent retail jewellery outlets


Ref.AK045
Location South and South West England
Asking Price £ 1,750,000
Confidentially offered for sale

Asking price: £1.75m including £900,000 stock (at valuation) and £200,000 of fixtures and fittings.

Business profile:
Introduction

Turner Butler has been appointed to invite offers of purchase for the assets and goodwill of a Business operating as a highly profitable chain of five traditional, independent, retail jewellery outlets. 

Key strengths:

The Company has the following key attributes:

Five completely fitted traditional jewellers’ outlets in prominent retail locations.
Sales of new and pre-owned jewellery – gold and silver, gemstones, clocks, watches and gifts
On-site servicing and repairs via three well equipped jewellery workshops.
Fully delegated control to local management responsible for the day-to-day operations of the Business.
Well trained, loyal and committed sales staff. 
Excellent physical security, safes, CCTV and alarm systems.
Over thirty year of successful trading.
Broad ranging, established, loyal customer base.
Well-established relationships with manufacturers, importers and suppliers.
Extended credit and long term supplier approvals. 
Excellent growth and expansion opportunities – watch and e-commerce sales. 
Very high levels of customer service. 
Complete turnkey operation.