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Established Jewellery Business Leicester City Centre For Sale

Leicester, Leicestershire
Asking Price:
Available on request
Turnover:
£195,000
Net Profit:
Available on request

Presenting for sale a well-established profitable independent jewellery retailer. Prime location in the heart of Leicester City Centre having received spotlight from several newspapers and magazines for their products and services. The business has developed an excellent reputation for specialising in diamond wedding jewellery, contemporary silver jewellery and jewellery repair service with a high level of turnover since its inception in 2008.

Key Strengths

• Prime city centre location on Loseby Lane adjacent to Highcross Shopping Centre.
• Loyal customer base with high regular and repeat trade.
• Well presented premises and equipped throughout. (Listed building)
• Catering to the luxury market - diamonds, gold, silver and gifts.
• Extensive diamond and jewellery supplier network links with sale of business.
• Established online presence.
• Excellent growth and expansion opportunities.

Financial Profile

The business has achieved year on year growth since opening in 2008 with the capacity to grow and develop further. Turnover for the financial year ending March 2017 was £195,000, £187,000 in 2016, £164,400 in 2015, £163,500 in 2014.

Low and negotiable asking price for a quick sale as the owner is locating abroad. Stock value in the region of £80K sold at cost price.

Viewings highly recommended and a fantastic opportunity to purchase an established business not to be missed.

Further information available upon request, please contact seller below for more details.

Property information

Property:

Leasehold

Lease Terms:

Incredibly low rent for location with flexible least terms. Property is owned by Leicester City Council.

Business Operation

Trading hours:

Monday to Saturday, 10.00am to 5.00pm

Other Information

Support & training:

Full support and training will be given

Website:
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