AB192 -Retail Jewellers in Prominent Town Centre Location Retailing Fine Jewels, Gifts & Own Brand Jewellery
Advert ref: #4689
Category: Retail -> Stores
Location: England -> South East -> Hampshire -> Portsmouth
Category: Retail -> Stores
Location: England -> South East -> Hampshire -> Portsmouth
Business for sale
Asking Price:
£150,000
Turnover:
£527,000
Annual profit:
£122,000
Audited accounts:
Yes
Management accounts:
Yes
Business description
This independent jeweller is based in a prominent location in a busy town centre shopping mall. Established in 1987 they specialise in retail jewellery and repairs for private and royal navy customers. They also design and make their own jewellery and buy unusual stones which are set in their own workshop. In addition they also stock a range of watches for men and women.One tremendous asset is the location of the business, due to which they enjoy a high level of footfall. As the only jeweller present but with competition for customer spend high, this business clearly stands out by its presentation and the merchandise it retails.
Whilst being extremely secure the very stylishly decorated premise is very welcoming. A well merchandised display window together with very attractively laid out display cabinets present the range in the best possible way encouraging customers to want to ‘touch and feel’. A large proportion of the product range on display is exclusive to the business as it is designed by them.
This business goes out of its way to ensure complete customer satisfaction. It prides itself on the highest quality workmanship whilst still maintaining realistic turnaround times for customer orders, with many items invariably sold from stock. The area in which it operates ensures a high volume of customers particularly during the key trading periods of Christmas and the New Year and in the run up to Valentines Day etc. But purely by its own efforts and the reputation it has built, reinforced by heavy word of mouth recommendation this business has a significant, regular clientele.
Employee details
Fulltime staff:
2
Parttime staff:
1
