Business Summary:
Design, Manufacture and Supply of Bespoke, Hand Made Engagement and Wedding RingsConfidentially offered for saleRef No:IN003Location:RelocatableAsking price £130,000It is important to note that this is not a high street jewellry retail operation. The company was established in 1998 and has carved itself a niche market in the design, manufacture and supply of bespoke, hand made engagement and wedding rings. The manufacturing is outsourced to a stable base of twenty manufacturers based the UK and Europe. These manufacturers vary from major producers to individual makers all of whom are capable of working with gold, silver and titanium.
|
|
|
| |
|
| Year
Business was Established: 1996 |
| |
|
| Facilities / Terms of Lease:
The rented premises are available if required. They consist of a well-appointed office / showroom covering around five hundred square feet. They are located in a well-positioned block of serviced offices / businesses and come at a very reasonable cost of £1200 per annum. The premises contain a number of bespoke display cabinets and a substantial safe. |
|
| |
|
| Potential
Growth/Expansion:
The business might benefit from having a high street presence where it could expand its existing product range still further. There is the potential to franchise this business across the UK and create additional revenue streams from selling the concept and the associated monthly management charges. Alternatively a small number of satellite branches could be established within a clearly defined geographical location to widen the footprint of the existing business. |
|
| |
|
| Competition:
The company has a well-optimised web site that is a major source of enquiries. Wedding trade shows are regularly attended and many clients discover this business at such events. A high quality, descriptive and well-designed brochure creates an air of exclusivity, which is of paramount importance in this market sector. Much of the business is acquired by referral from the thousands of satisfied customers who have really enjoyed the whole buying experience |
|
| |
|
| Owner
willing to train:
A full and seamless handover will be made available to the purchaser for a period to be agreed as part of the overall negotiation process. |
|
| |
|
| Reason for selling:
The present director has decided to sell the business for health reasons . |
|
| |
|
Seller Reference Number: IN003
BusinessMart.com Listing Number: 31929 |
|
|
To request more information
on this business
please fill out the form shown right 
|
