Highly rated jewellers business for sale

The business has now come to the open market due to our clients desire to retire. 

The Gold Workshop is a specialist jewellery repair business concentrating on the re-sizing of rings. The business services both trade and individual customers, and even offer a same day resizing for those customers who visit the shop. They also offer a 24 hours resize/nationwide delivery service. 

Our client currently works with 8 local jewellers, with the demand outstretching the work our client is able to carry out (currently works alone). 

Key selling points – 

• High demand for the service they provide
• 5 star Google reviews
• Desirable shop location
• Fully equipped unit
• Opportunity to increase sales/profit
• Handover period offered

Scope for further growth –

• Increase staffing team – another jeweller/admin person
• New advertising campaign to increase number of trade customers & 24 hour resizing service
• Social media posting 

A full breakdown on all the equipment and tools included in the sale can be made available. 

Location
The Gold Workshop occupies a desirable location on Wimborne Road in Bournemouth.

The business is situated on a busy parade of community driven shops, with parking spaces available outside the premises. 

The business benefits from high levels of footfall and passing trade.

Premises
Ground floor –

• Customer service area
• Open plan workshop
• Store room/ Staff area
• Toilet facilities

Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 3 year lease. The rent is £4,500 per annum. 

Hours
The current trading hours are –

Monday to Friday – 8am – 4:30pm

Saturday – 8am – 2pm

Staff
We are advised that the business is run and managed by our client only. 

Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £135,000. Further financials can be made available upon request.