Gift Shop and Bespoke Jeweller.
Location : North Shropshire/Relocatable
Asking Price : £130,000
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.
Asking Price $166,245
Converted From GBP
Exchange Rate $1.28
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