Family-Run Watchmakers and Jewellers in Cheadle Staffordshire for Sale Since 1979
Cheadle, Staffordshire
- Status
FOR SALE
- Date Submitted:
10/03/23
- Advert ID
509659
- Freehold: £175,000 (Stock at valuation)
- Turnover: £98,000 (£1,885 Per week)
- Net Profit: £37,000 (38% Profit margin)
Key Features
- Retirement Sale
- Town Centre location
- Company for Sale
- Offers Invited
- Unique Business
- Small Business
- Accounts Available
- Established Business
Business Details
Watchmakers and jewellers for sale in Cheadle, Staffordshire
A fantastic family-run business of watchmakers and jewellers is for sale in Cheadle, Staffordshire. The business was established in 1979 and has been on the high street of Cheadle since 1985.
The business offers a while-you-wait service on some repairs, such as the battery, strap replacement and bracelet adjustments. Most other jewellery repairs are next-day service, watch repairs range from the next day to one week and clock repairs depending on the repair, up to three weeks.
The reason for the sale is due to retirement, and the premises are dedicated to providing friendly, fast and efficient service to the public for all their watch, clock and jewellery repair needs.
The business also retails in watches, clocks, jewellery, and fancy goods. We currently stock Sekonda and Limit watches, silver jewellery and pre-owned 9ct & 18ct jewellery.
The training and handover can be negotiated on meeting with the owners. Feel free to contact us for a detailed breakdown or more information.
The property is 3 story ground floor is retail, first floor is jewellery and clock repairs and top 2 rooms are used for storage. Great potential to make into accommodation.
THERE IS AN OPTION TO BUY JUST THE BUSINESS AND STOCK AND TO RENT THE PROPERTY INSTEAD OF PURCHASING.
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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