Businesses For Sale > Business For Sale in Northwich, Cheshire, UNITED KINGDOM - UK (UK)

AE038 -Northwich, Cheshire-Ł45,000-Historical Jewellers & Watch Repairers for sale in Northwich, Cheshire, UK

Northwich, Cheshire, UNITED KINGDOM - UK (UK)

Asking Price:	Gross:	Cash Flow:
£ 45,000	£ 195,000	Undisclosed

Business Summary:
Historical Jewellers & Watch Repairers Superb High Street Location Ref.AE038 Location Northwich, Cheshire Asking Price Ł 45,000 This truly independent and historical business has been dealing in jewellery since the 1700’s and in that time has built up a wonderful reputation in th North West. A true family busines the current vendor has been in sole control for almost 20 years. The business retails a fine range of jewellrey and watches as well as providing high class watch repairs to its customers. It also deals in second hand jewellery but this is only a small part of the business. Over time the business has built up a superb reputation in the market it serves and in the main tends to supply British design classics. The business is ideally positioned in the main pedestrianised shopping centre of the town and enjoys impressive levels of footfall such is its location and standing in the region. Repairs are outsourced to high quality trained restoration businesses who the compamny has used for many many years.

Year Business was Established: 1989

Number of Employees: 3FT/1PT

Facilities / Terms of Lease: The business operates from the perfect retail location in the town. The street is pedestrianised and enjoys very high levels of footfall. The premises are leasehold. The current lease is for a further 5 years.The premises comprise double fronted windows with central doorway. Ground floor retail and display area with small workshop and office area. There is also a first floor storeroom and toilet. The premises have 4 large safes that are included within the sale. Ground floor space circa 500 square feet. Current rent is circa Ł15,600 p.a. Rates are circa Ł6,000 p.a.

Potential Growth/Expansion: The company has a core client base of regular customers that has been established over many years. These span generations. In saying that the business would welcome some fresh ideas and business acumen, not least a strategic sales and marketing plan to take advantage of its place within the market.

Competition: The business has never felt the need to advertise such is its historical reputation. The business has built up a superb reputation by word of mouth recommendation and enjoys a high level of repeat business, which is maintained by a strong client rapport, valuing the customers and striving for the best in client service and client retention.

Owner willing to train: The current owners would be happy to provide full training and support at handover and stay on within the business for an agreed period of time should a new owner require, subject to negotiation.

Reason for selling: This is a genuine retirement sale.

Seller Reference Number: AE038
BusinessMart.com Listing Number: 69272

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