Rare Opportunity To Acquire A Long Standing Independent Profitable Jewellery Business. Locations In Truro, Falmouth & Padstow. Profitable Turnkey Business.
Blue Wing Gallery has been established in one of the UK’s prime tourist destinations for over 20 years. It enjoys an enviable reputation with tourists and locals alike for its range of contemporary and classic silver jewellery set out in beautiful stores in prime locations.
This golden opportunity has arisen due to the owners’ planned retirement and offers prospective purchasers to take over a successful business which is truly turn-key. The business currently operated from three locations in Cornwall; Padstow, Falmouth and Truro. The stores are held on secure long-term leases and enjoy a loyal and substantial customer base and are operated by experienced and dedicated customer service professionals.
HIGHLIGHTS:
o Solid trading record 20+ years with identified opportunities for growth
o 3 prime locations in Cornwall with potential of expansion in the region
o Profitable business with high profit margins
o Run by a small team of knowledgeable and experienced staff.
o Comprehensive product offering
o Well-presented and fully fitted-out stores
o Turnkey: walk-in business with experienced team in each store
o Lucrative lifestyle business with huge growth potential and scalability for investors.
o A well-established partnership with suppliers and brands
o Loyal, longstanding and repeat customer base
o All revenues derived directly from customers without the need for marketing
o Scope for massive growth for e-commerce functionality
Growth While the current set up offers a lucrative lifestyle business, it also offers huge growth potential and scalability for investors. Although there is currently a fully functioning e-commerce website, the current owner have not fully exploited these sales and marketing channels. There is no social media presence, the business has been operated almost exclusively as a bricks and mortar enterprise.
The second growth area would be the expansion of retail stores around Cornwall & Devon.
