CoGoGo are delighted to welcome to the market Riley’s Watchmakers & Jewellers, a highly rated and extremely well established watch shop and jewellers in Cheadle, Staffordshire.
This small family business was first established back in 1979 and has been trading from the current premises in Cheadle since 1985. The business has flourished since relocating, accruing a number of regular customers along with an excellent reputation. The business is dedicated to providing a friendly, fast and efficient service to its customers for all their watch, clock and jewellery repair needs.
Riley’s Watchmakers & Jewellers has now come to the open market due to our clients desire to retire.
The business offers a while you wait service on some types of repairs such as watch batteries, strap replacement and bracelet adjustments. Most jewellery repairs are next day service, watch repairs vary from next day to one week and clock repairs depending on the repair, up to three weeks.
The business is approximately 70% trade and 30% retail.
Additionally, the business is a retailer of watches, clocks and jewellery including fancy goods and giftware. They also stock Sekonda and Limit watches, Espree Silver Jewellery and pre-owned 9ct & 18ct jewellery.
The sale of the business includes the business website, and social media accounts. Riley’s Watchmakers & Jewellers enjoys great visibility online.
Key selling points -
A well established business with an enviable reputation and many happy customers
Prime trading position with loads of footfall and passing trade
Includes the freehold but would consider leasing the premises
Current owner happy to offer a handover to ensure the continued success of the business
Ideal owner managed or partnership business.
Scope for further growth -
Advertising and Marketing campaign
Maximise the use of social media
Invest in SEO and PPC to drive new customers to the business
Extend the opening hours
Add an e-commerce facility to website
Financial Profile
Further financials can be made available upon request.
