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Traditional Jewellery Stores With Repair And Bullion Trade For Sale

Bournemouth, Dorset, UK
Asking Price:
£2,832,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£1,748,810
Net Profit:
Available on request

Established in 1982, this traditional jewellery group is situated on the central south coast of England and consists of 5 retail outlets. The jeweller currently specialises in the purchasing, selling and part exchange of high-quality jewellery, rings, clocks, gifts and unique items. The business also offers a repair service which includes resetting gemstones, soldering, resizing, customisation, cleaning and servicing.

With combined retail and bullion turnover in excess of £1,800,000 and gross margins of 55% this is an excellent opportunity to acquire a chain of 5 retail jewellery stores from an owner wishing to retire. This Turnkey business provides scope for exceptional profits; as well as trading business it is also and excellent investment opportunity for either active or passive ownership.

Key Data:
• Combined Turnover of £1,800,000 (Gross margins of 55%)
• Highly profitable trade and bullion business
• Stock at cost £2,000,000 included in sale price
• Consistent sales performance, superb growth opportunities and established and loyal customer base
• High-performing staff with over 150 years of experience
• Genuine retirement sale with full training and transition period

PLEASE NOTE:

Financing may be available for qualified buyers.

Property Information

Property:

Leasehold

Location:

Multiple High Street Locations on the South Coast

Premises Details:

5 retail units

Business Operation

Trading hours:

9am to 5pm Monday to Sunday

Employees:
28
Years established:
1982

Other Information

Support & training:

The retiring owner is willing to stay on as on a full-time/part-time basis depending on conditions of the offer. Standard training/onboarding term of 12 months should be considered.

Furniture / Fixtures value:
£550,000 - included in the asking price
Inventory / Stock value:
£2,000,000 - included in the asking price

Contact Transworld Business Brokers UK

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