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Well Established City Centre Independent Jewellers For Sale

Leicester, Leicestershire
Asking Price:
£45,000
Turnover:
£195,000
Net Profit:
Available on request

Business Profile

Presenting for sale a well-established profitable and leading 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 2016 was £187,000. £164,400 in 2015, £163,500 in 2014, £131,700 in 2013. Turnover projection for year ending 2017 is £195,000.

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

Asking Price £45,000 plus stock at value.

Property information

Property:

Leasehold

Business Operation

Trading hours:

Monday to Saturday, 10.00am to 5.00pm

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