Sold. Retail Jewellers

Retail Jewellers

Ref.AB189
Location Colchester, Essex
Asking Price £ 45,000 plus SAV

Based in a prominent corner location in the centre of a busy town this established jewellery store specialises in the retail of gold and diamond jewellery, a vast range of silver jewellery both traditional and contemporary, ceramic, titanium and stainless steel to include rings, necklaces, bracelets watches, as well as providing a watch repair service, which is out sourced, as well as various accessories The business also buys gold for cash and is a member of the British Jewellery Association.

This business has established an enviable reputation for its quality of product and level of Customer service. This jeweller also stocks its own brand and design of jewellery and own brand of watches.

One of the business’s key strength is its location due to which it enjoys a high level of footfall and clearly stands out by its presentation and the merchandise it retails. Whilst being extremely secure the very stylishly, recently refurbished premises are 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.

Expansion Potential
There is an outstanding opportunity to build on the existing business levels and customer base of this company. With a strong demand for this business's products, combined with a capacity to increase turnover, a new owner contributing fresh ideas will have every advantage of building on an excellent platform.

There are many excellent avenues for growth, especially with online sales and marketing strategy and in house watch or jewellery repairs etc.