In order to contact the buyer/seller, you must be a registered user of the site and must be logged in
Business for sale in United Kingdom - Ab166-jewellery, beads and components retailing specialist- south west
| Asking Price: | 625,000 £ |  |
Real Estate: | Lease |
|
||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales Revenue: | 735,000 £ | ||||||||||
| Net Profit: | 190,000 £ | ||||||||||
| Year Established: | 1999 | ||||||||||
| Employees: | Not Disclosed | ||||||||||
| # of family members employed: | Not Disclosed | ||||||||||
| Location criteria: |
|
||||||||||
Business types:
Retail
Business categories:
Jewelry Stores ; Other Retail Trade
Business description
This highly profitable and successful retail business was incorporated ten years ago and occupies a niche market sector. It has established a world wide network of manufacturers and suppliers of beads and jewellery components used in the making of jewellery. These items are retailed from three high street outlets to professional jewellery makers, those who produce items as a hobby and children interested in making such items. It has also established a thriving mail order operation and a successful internet revenue stream all of which make this an extremely attractive business proposition. the size of the business gives it a unique position in terms of buying power and the ability to request the manufacture of specific items. Its stock of over three thousand different items gives it a significant edge on the limited amount of competition and also makes it a difficult business to copy. equipment: all stock control is manual with each outlet ordering fresh supplies on demand. customer service: this business is much more than a walk round and buy operation. It also offers its customers jewellery making classes which creates a much more personal relationship between retailer and buyer. In addition the shops are open seven days a week making them superbly accessible for those makers who can only shop at the weekends. key strengths: well established no borrowings strong gross margins excellent profits well located outlets multiple routes to market strong marketing key opportunities: this business would be an ideal opportunity to franchise across the uk and would bring with it the very real benefits of increased buying power on going management fees and national recognition. Alternatively a purchaser might choose to open further retail outlets in selected locations to build on the existing business model.
Additional information
| Additional information: | Not Disclosed |
|---|---|
| Support & training: | The directors of the business are extremely keen to see the business continue to flourish and will wish to complete a full and comprehensive handover to assist ongoing success. |
| Reasons for selling: | Not Available |
| Financing available: | Not Disclosed |
| Inventory / Stock value: | Not Disclosed |
Real Estate
| Ownership: | no |
|---|---|
| Lease: | yes |
| Lease terms: | Shop One Ten year lease, five years remaining Annual rent £24,000 Rates circa £7,700 Shop Two Ten year lease, nine years remaining Annual rent £20,000 Rates circa £5,000 Shop Three Ten year lease with seven and a half years remaining Annual rent £28,700 Rates circa £14,000 |
| Location: | Three leasehold premises. Shop one Location secondary retail Double fronted listed building Retail area Two offices and staff toilet Ten year lease, five years remaining Annual rent £24,000 Rates circa £7,700 Shop Two Location primary retail Single fronted retail outlet circa two hundred years old Retail area Good cellar used as stock room Office Staff toilet Ten year lease, nine years remaining Annual rent £20,000 Rates circa £5,000 Shop Three Location primary retail(partially listed) Retail area Office Staff toilet Ten year lease with seven and a half years remaining Annual rent £28,700 Rates circa £14,000 |
In order to contact the buyer/seller, you must be a registered user of the site and must be logged in
