Business Summary:
Manufacturer, Wholesaler and Refurbishment of Jewellery
Ref.IN005
Location Essex
Asking Price £ 175,000
This is a well-established Jeweller, which has been trading successfully for forty years. It has been under the present ownership since 2000 and has three separate areas of trade and expertise.
The first aspect of this business is the manufacturing/importing of both fine gold and silver jewellery to the multiple and independent retail jeweller. Currently the business has a database of over 600 clients who have purchased from the company in the past.
The second aspect of the business is the refurbishment & making of jewellery for both other jewellers and private clients.
Thirdly, the business trades precious metals in large volumes around the world for onward sale.
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| Year
Business was Established: 1969 |
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| Facilities / Terms of Lease:
The business operates from leasehold premises. The present owner pays a pepper corn rent, as there is an ongoing arrangement between them and the leaseholder. This arrangement can be continued by a successful purchaser and the owner of the lease. |
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| Potential
Growth/Expansion:
The current market for this business’ services is growing and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs. This will best be achieved by an owner with an understanding of the value of the business specialist expertise and its advantage as a component alongside other building services. |
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| Competition:
Having been established for forty years this business does little by way of advertising enjoying high levels of repeat business and the most effective form of marketing, word of mouth recommendation, testimony to the excellent reputation this business has for its unique, high quality product range and customer service. |
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| Owner
willing to train:
Full support and training will be provided to the successful purchaser if required. |
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| Reason for selling:
This is a genuine retirement sale. |
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Seller Reference Number: IN005
BusinessMart.com Listing Number: 53813 |
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