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Confidentially offered for Sale
Ref Number: RB05-ABS
Asking Price: £260,000
Location: Birmingham
Asking Price: £260,000 (including stock circa £345,000)
Turnover: circa £350,000 p.a.
Premises: Leasehold
Key selling Points:
- Long established and very well reputed.
- Located in the heart of Birmingham’s famous Jewellery Quarter.
- Loyal Repeat customers.
- Strong ecommerce presence.
- Retirement Sale.
Business Profile:
A long-established Jewellery and giftware wholesaler with loyal customers, significant repeat business and strong ecommerce presence.
This Jewellery and giftware wholesaler has stood the test of time, having been founded as a manufacturer of costume Jewellery for the wholesale trade following the end of the Second World War.
The business is in a prominent position in the heart of Birmingham’s historic and vibrant Jewellery Quarter. The Business offers a wider variety of Jewellery and finished giftware from all over the world at amazing prices.
Located in the heart of Birmingham’s historic and vibrant Jewellery Quarter, the area is well served by public transport with regular bus services and is only a few yards from the Jewellery Quarter train and Metro station.
The premises are well located for access to the inner ring road at Icknield Street with Birmingham City Centre approximately 1 mile distant and the attractive St Paul’s Square and Brindley Place within 1/2 mile.
Parking:
The business has access to 533 parking places at a 2-hour charge of £2.30.
Financials:
The Business enjoys an annual turnover of circa £350,000 p.a.
The business holds stock valued at circa £345,000 at the last stock take.
Premises/Property:
The business operates from attractive premises in Birmingham’s historic and vibrant Jewellery Quarter and has been trading in the area for circa 75 years, the business attracts a regular clientele.
Opening hours:
8:30-16:30 Monday -Thursday & 8:30-14:00 Fridays
Advertising and Marketing:
The business operates an effective website with blog and eCommerce and online ordering.
Growth and expansion:
The Business has little need to advertise as most of the Business comes from repeat clients, referrals, and the Company website.
Support and training:
The vendors would be happy to provide support and training during the handover period.
Scope for growth:
There is ample opportunity to implement social media campaigns, eBay, Etsy, Facebook, Instagram advertising and Amazon.
Reason for sale:
The Vendor is now looking to retire and feels it is time to pass the Business on to the successful purchaser
Next Step: To Register Interest, you will need to fully complete our Confidentiality Agreement (NDA)
To Register Interest or to seek additional Information, please contact Abercorn Business Sales e-mail: expert@abercornbusinesssales.com or telephone: 0800-246-1313
Commercial Finance:
Abercorn Business Sales are specialists in highly confidential off-market business sales. Should you require commercial finance, we have a panel of leading commercial finance brokers with access to the whole market to enable you to source the best possible terms.
Call today on 0800-246-1313 or email at expert@abercornbusinesssales.com or visit our website www.abercornbusinesssales.com
Attention Business Owners. We are always in search of quality buyers waiting for you, so if you are thinking of selling your business or would like to acquire another business, please email us to discover the difference that is Abercorn Business Brokers.
For more information on RB05-ABS - Long Established Jewellery and Giftware Wholesaler and Retailer with a Strong E-commerce Presence - Retirement Sale talk to Abercorn Business Sales