Established Watch Shop in North East's County Durham Up for Sale, Prime Opportunity
Undisclosed, County Durham
- Status
FOR SALE
- Date Submitted:
23/02/24
- Advert ID
607296
- Reference
BAA230129 / Rightbiz
- Call Agent:
- Leasehold: £165,000 (Stock at valuation)
- Rent: £2,400
- Turnover: On request
- Net Profit: On request
Key Features
- Established Business
- Prime Location
- Attractive Business
Business Details
Prime Opportunity: Established Watch Shop in the Heart of North East!
- Strategically situated in the city centre
- Indoor market setting – high footfall and low rent
- Established family business with almost 40 years tradition
- Comprehensive product and service offering
Agilis Advisory proudly presents an exceptional opportunity to own a thriving watch shop in the vibrant North East. Established in 1985, they have become a cherished gem in the region. Located within an indoor market offers not only great parking but also a unique shopping experience dating back to 1851.
Key Features:
1. City Centre Location: Strategically situated, this watch shop enjoys high foot traffic and easy accessibility.
2. Indoor Market: Benefit from the bustling environment of what an indoor market brings, home to 40 independent traders offering a diverse range of products.
3. Family Business Since 1985: With over three decades of experience, they have garnered a loyal customer base and a sterling reputation for excellence.
Distinguishing Features
• Wide Product Range: From Sekonda and Accurist to luxury brands like Rolex and Omega, they offer watches and jewellery to suit every budget and taste.
• Comprehensive Repair Services: Their skilled professionals provide a full spectrum of repair services, from watch battery replacements to intricate diamond setting and jewellery repairs.
• Pre-Owned Collection: Unique offer of pre-owned watches from renowned brands such as Rolex, Omega, Breitling, and TAG Heuer, offering exceptional value for discerning customers.
Exceptional Reputation:
• Customer Reviews: With great testimonials and an impressive 4.4-star rating on Google and 4.7 stars on Facebook, their dedication to quality and service speaks volumes.
• Social Media Presence: Boasting 1.5K followers on Facebook, they engage with their community and showcase their latest offerings and services.
Don't Miss This Opportunity: Whether you're a seasoned entrepreneur or an aspiring business owner, this offers a rare chance to step into a thriving enterprise with a rich legacy and promising future.
Contact Agent
Listing Statistics
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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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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.
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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.
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
Contact seller
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
Get Solicitor
