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Profitable West Yorkshire Jewellery Component Business with £200K Stock for Sale

 Undisclosed, West Yorkshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    03/11/23

  • Advert ID

    602154

  • Reference

    INT2930 / Rightbiz

  • Call Agent:

    Registered members »

  • Asking Price: £99,750
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Relocatable & Profitable Jewellery Component Business for Sale


    This is a unique opportunity to acquire a one-stop retail and wholesale supplier of jewellery-making components, which is currently based in Leeds, but is offered on a relocatable basis. The vendor is asking £99,750 for the business, which includes all the stock worth over £200,000, providing the new owner with an immediate return on investment of over £100,000. The vendors are very flexible and will consider any realistic offers. The price has been reduced, as the owners are seeking a quick sale.

    The business was first established in 1988 and has grown significantly since its creation, whilst also gaining an excellent reputation and a loyal customer base in the sector.

    They pride themselves on their unbeatable range, competitive prices, and excellent customer service, all of which has led to a large, repeat client base. They are one of the leading online suppliers of jewellery-making products and components. They source from suppliers across the world, to offer both retail and wholesale customers the latest products, at the very best possible prices. Recently, one of their main competitors has gone into liquidation which has resulted in an increase of customers seeking beads and a new business to purchase them from - this business being first choice for many.

    They provide customers with an extensive selection of products, including a huge range of semi-precious gemstones and freshwater pearls, along with sterling silver findings, glass beads, plated clasps, droppers, jewellery making kits, beading tools and much more.

    This is the UK’s original and largest bead shop, selling their jewellery components by mail-order to craftworkers. They supply craft shops, market traders, individuals, and resellers across the globe on both a retail and a wholesale basis. With all stock included in the price, the purchase of this business will provide the new owner with an immediate return on investment of over £100,000, ensuring the company is the perfect acquisition for any competitor in the industry.

    The owner is open to sensible offers.
    Read more

    Contact Agent

    Listing Statistics

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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.

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    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.

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    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.'.

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    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.

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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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