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Jewellery And Giftware Retail Business For Sale

North East Ireland, Ireland
Asking Price:
€89,950
Sales Revenue:
€182,000
Cash Flow:
€35,000

Jewellery & Giftware Retail Business For Sale - North East.

Situated in a bustling large town, this business has an 'old worldly' traditional shop front and combined with it's central location on the main pedestrian shopping street, would make an excellent dedicated Jewellers (could reduce the giftware element somewhat and focus on selling diamond engagement rings...). Great opportunity to generate healthy sales in-store and online.

Business Asking Price: €89,950

T/O: €182k ex VAT

Net Profit: €35,000

Opportunity:

Fantastic central location in the heart of a large town on the East Coast of Ireland. High profit margin products; from 70-100% +. Currently retailing a selection of gifts, homeware and jewellery.

***This could be turned into a dedicated quality Jewellery Store as in an extremely prime location with no nearby competition***

Extremely well established Irish business with a great reputation for quality giftware and jewellery (the store carries a number of high quality brands (Waterford Crystal, Newbridge etc.).

Great opportunity for a new owner to develop the business further (after many years of successful trading, the current owner is looking to retire).

Superb opportunity for someone from a creative background (jewellery, art, boutique fashion etc.) who may want to add their own products to the range. While the business retails jewellery, there is also the opportunity to centre the main offering on quality jewellery (there are no Jewellers situated on the street).

Established credit accounts with dozens of suppliers (details available upon request). It would be difficult for a new retailer to obtain these accounts as the likes of Waterford Crystal and Newbridge are very selective as to who they supply.

E-commerce web site with easy to use cloud based software and payment gateway established. Huge potential to generate a large amount of online sales worldwide using the physical outlet to help enhance the online store’s trustworthiness.

Active Social Media accounts.

Retail unit is in excellent condition with air conditioning, traditional shop front, sun blind etc. with no defects whatsoever, secure at rear, with great neighbours.

Very competitive rent in line with current market rates

No management fees.

Current owner will assist in handover over a fixed period of time to allow smooth changeover.

Huge potential for growing online and over-counter sales for new owners, as they would bring with them fresh with new ideas, products and approach.

Fixtures & Fittings. Approximate value of €5,000 - included as part of the sale.

Stock: available separately. Stock take to be complete in advance of the sale.

Lease duration & terms: Negotiable.

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