Popular Australian Jeweller in Wiltshire

Salisbury, Salisbury
REF: R07780

Asking Price:
£100,000
Annual Turnover:
£200,000
Annual Net Profit:
£30,000
REF: R07780

Overview

Tenure:
Leasehold
Established:
2014
  • Brilliant reputation amongst a loyal base of clientele
  • Huge growth opportunity
  • Spacious, well-equipped shop premises
  • Recently refurbished
  • Equipment included in sale

Amali Jules is an Australian creator and retailer of jewellery and other related gifts. A delightful range of exquisite materials are featured in the jeweller’s collection, such as crystals, beads, gemstones, silver, and gold.

Originally operated as an online retailer from its Australian base, the enterprise opened its first UK store 6 years ago in the historic city of Salisbury, Wiltshire to an enormous level of success which continues to this day. Upon opening its second shop in the beautiful fishing port of Padstow, Cornwall, the business received a similarly warm welcome. Within this sale, only the Salisbury, Wiltshire branch is included for the buyer.

The jeweller’s fantastic reputation has developed because of their expert yet friendly customer service, enabling them to easily find a client’s perfect piece of jewellery or gift. Additionally, the premises are immaculately presented and benefit from recent refurbishment. Thanks to this stellar reputation, they have built up a significant amount of repeat trade and local support.

The business is only for sale as one of the partners wishes to relocate back to Australia, making this an unmissable opportunity.

The shop benefits from a prime position in the heart of Salisbury’s gorgeous city centre, thus affording it great visibility and high levels of passing trade. The showroom possesses a tasteful exterior and a premium interior which is beautifully presented. The vendor has invested a significant amount of time and money into refurbishing the premises recently, putting this sale at an extremely reasonable price tag for the buyer. All the necessary fixtures and fittings are included in the sale price to ensure the buyer has everything they need for an immediate and successful ownership of the store. A full inventory is available upon request.

Furthermore, the business is working on a digital presence through an e-commerce site but has an established Twitter, Instagram and Facebook channels with 1,000 followers.

The vendor would be willing to offer a transitional period, should it be required.

The ideal buyer for this business would be an existing competitor from the jewellery sector of the retail industry who is looking to expand their operations. It would also be highly suitable for an entrepreneur or start-up jewellery company.

There are several paths available for achieving further growth of the business. Firstly, the buyer could increase the product range and choice of brands available to choose from, in order to encourage a larger volume of orders. They may also wish to host ticketed and/or private events to generate an additional income stream or expand the store’s opening hours to offer greater flexibility for customers. The new owner could then communicate these changes by implementing an advertising campaign, therefore increasing brand awareness and store visits. This could be complemented by an established loyalty scheme with an extensive customer database for repeat purchases.

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  • City centre location
  • Close to local businesses
  • High level of footfall
  • Good transport links
  • Nearby car parking
Rent
£16,500
Rates
£8,000
Lease Term
10
Lease Expiry
2029
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
TBC

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
XXXX

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