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Established Cheshire Jewellery Wholesaler Business for Sale, High Turnover, Relocatable

Relocatable
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This is a superb opportunity to purchase an established jewellery wholesaler business in Cheshire Photo 1
This is a superb opportunity to purchase an established jewellery wholesaler business in Cheshire Photo 2
This is a superb opportunity to purchase an established jewellery wholesaler business in Cheshire Photo 3
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This is a superb opportunity to purchase an established jewellery wholesaler business in CheshireThis is a superb opportunity to purchase an established jewellery wholesaler business in CheshireThis is a superb opportunity to purchase an established jewellery wholesaler business in CheshireThis is a superb opportunity to purchase an established jewellery wholesaler business in CheshireThis is a superb opportunity to purchase an established jewellery wholesaler business in CheshireThis is a superb opportunity to purchase an established jewellery wholesaler business in Cheshire
  • Status

    FOR SALE

  • Date Submitted:

    24/10/23

  • Advert ID

    601586

  • Reference

    486 / Rightbiz

  • Call Agent:

    Registered members »

  • Asking Price: £165,000 (Stock at valuation)
  • Turnover: £264,772 (£5,092 Per week)
  • Net Profit: £90,393 (35% Profit margin)

Key Features

  • Retirement Sale
  • High Turnover
  • Home Based
  • Accounts Available
  • Unique Business
  • Company for Sale
  • Attractive Business
  • Established Business

Business Details

This is a superb opportunity to purchase an established jewellery wholesaler business in Cheshire

This is a superb opportunity to purchase a reputable solidly established jewellery wholesaler business based in Cheshire. The business is available on a fully relocatable basis.

The business sells a wide selection of high-quality 925 sterling silver jewellery ranging from contemporary design-led plain silver to gemstone jewellery, pearls, abalone, and mother of pearl. Some of their collections are reflecting nature, wildlife, and the sea. Statement pieces and individual one-off pieces are a big part of their truly individual style. The business has created a unique niche within the UK wholesale jewellery sector and has excellent business relationships with 23 suppliers in 5 countries.

The business has been established since 1992 and has an incredibly loyal customer base, some have been customers for the last 28 years! Benefiting from having active website sales, the business has created an excellent reputation within the industry that it serves and has a wide range of customers from mail order catalogues and high street jewellers to art galleries, garden centres, and gift shops.

This is a very profitable business that is growing year on year. It is at a pivotal point in its development and the business offers any new owner huge potential for expansion, especially through website sales. Throughout the year, the business exhibits at trade shows (wholesale), has one agent, an office manager, and the owner visiting customers.

·       Business in operation since 1992

·       Substantial growth since establishment

·       Excellent reputation in industry

·       Loyal customer base

·       High-quality website

·       Minimal competition

·       Excellent relationships with suppliers

·       High turnover - £264,000 (approx.)

·       Huge potential for further growth

·       Can be home-based.

It is with a heavy heart that the current vendor is selling due to retirement. Due to the excellent reputation and impressive financial performance of the business, we strongly advise a viewing to avoid disappointment. This business represents an excellent opportunity for an entrepreneur looking for an established business within the jewellery sector or an existing business looking for a lucrative acquisition.

We have received many enquiries on this business at an initial stage so please contact us to arrange a meeting to avoid disappointment.

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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.

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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

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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.

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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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.

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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.

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The data showed regarding this advert 'This is a superb opportunity to purchase an established jewellery wholesaler business in Cheshire - 486 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.