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.