Business For Sale

Gift Shop and Bespoke Jeweller

Ref: IN003
Location: North Shropshire/Relocatable, England
Asking Price: £130,000
Annual Turnover: £454,000

Annual Net Profit: £40,000
Gross Profit: £0
Premises Type: Leasehold

Business Description

Business Profile

Established in 1996 the original business specialised in the design, manufacture and sale of fine bespoke wedding and engagement rings. 

After 10 years refining and developing the original profile, the director decided to give the business a greater retail focus.  To improve profitability and simplify the logistics of the business, the manufacturing and workshop facilities were reduced and most work sub-contracted to a small but respected group of highly skilled jewellers.  Today all manufacturing is outsourced to a stable base of major producers and individual workshops.

In addition, in 2010 the current owners decided to diversify the business and established a small, but highly profitable, gift shop.  With a carefully selected range of jewellery, glassware, leather goods and novelties, the shop (renovated to a high standard and available for rental or sale) is located in a busy market town in North Shropshire and has been a successful and profitable addition to the original business.

Workshop Equipment:

The business now has a limited range of equipment to handle “emergency” services – resizing, polishing and refinishing.

Shop/Office Equipment:

A comprehensive inventory of office furniture and modern jewellery display cabinets / shop furniture is included in the asking price.

Business Details:

The retail gift shop operates normal business hours 6 days a week.  This is a contemporary retail environment with an emphasis on quality products and exceptional customer service.  The shop stocks a wide variety of “branded” goods including sterling silver jewellery, glassware, leather products, toiletries, candles, cards and a tasteful range of children’s gifts.  Such stock as is required can be purchased at agreed value  in addition to the asking price.

The bespoke wedding and engagement ring business operates on an appointment basis from the office and showroom above the gift shop. A great emphasis is placed on advising and educating the customer – facilitating informed purchasing decisions and adding greater value to each sale.  An extensive range of stock samples is available by separate negotiation.    

Key Strengths:

The business has no borrowings.

The business operates from a very well positioned and recently renovated shop in a busy market town.  The shop premises is available for rental or sale as required.

Low overheads with 2 sources of  revenue.

Minimal staffing requirements.

Sterling reputation and excellent growth potential.

Confidentiality Form / NDA

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Turner Butler

Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 0333 1234562 | Facsimile 01895 678532 | Email | Website

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