 | Jewellers For Sale S.E. London, United Kingdom Advert ref: 1047SB FINANCIAL DETAILS | Asking price: £35,000 Sales revenue: £300,000 Net profit: Undisclosed Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | Profitable business established 2001.Superbly appointed having being totally refurbished to very high standards. Substantial sales of quality jewellery and gifts for all occasions. Stock available in addition if required but owners are willing to sell independently.
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GENERAL INFORMATION | Years established: 4
Employees: The 2 owners plus part time sales assistance as required
Trading hours: Mon - Sat 9.00 a.m. to 5.30 p.m.
Property: Leasehold
Lease terms
Renewable lease with approximately 10 years remaining. Annual rent £31,000 including the substantial residential accommodation. No further reviews until 2010.
Living accomodation
Two self contained flats. One of which has three bedrooms and the other a studio flat. We understand the lease permits sub-letting providing oportunity for good rental income if desired.
Location
Prominent high street, town centre location close to indoor shopping centre. Serving good quality surrounding residential area.
Expansion potential
Further potential in the hands of enthusiastic new owners
Reasons for selling
Owners wish to pursue other interests.
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The Business Partnership - South East London | | | |
