Relocatable Business for Sale

Leeds, West Yorkshire
REF: R08232

Asking Price:
£99,750
Annual Turnover:
£60,171
Annual Net Profit:
TBC
Reduced
REF: R08232
Photo of Relocatable  Business for Sale
Photo of Relocatable  Business for Sale
Photo of Relocatable  Business for Sale
Photo of Relocatable  Business for Sale

Overview

Tenure:
Relocatable
Established:
1988
  • Excellent Reputation
  • Very Loyal Customer Base
  • Huge Growth Potential
  • Well Equipped Business
  • Equipment Included

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.

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.

This business currently operates from a well-equipped and spacious property in Leeds, so the new owner could choose to either take over these premises or relocate to a new location, as the lease is very flexible. This should provide the buyer with a great deal of choice over their work location.

At the moment, the business is located on the first floor of an old mill building, which has easy access for loading and unloading stock. The 1,700 sq ft premises have a toilet, small kitchen, office, along with the main unit, which is split into two sides, one with shelving and one that provides extra storage. The building is incredibly secure, as there are electric gates upon entry, therefore, the new owner will be able to feel sure that all the stock is safe.

The website, social media pages, all the stock, and the client database will transfer over with the business sale.

The current owners are happy to offer a business handover.

This would be the ideal opportunity for a competitor, who is looking to acquire a large amount of wholesale stock for under retail value. It could also be perfect for someone looking to continue building on this already impressive online platform.

There is huge potential for growth with this business, as there is a massive opportunity to invest in additional advertising. It would also be a great idea to grow and secure contracts with larger, retail clients. Furthermore, the company already has an easy-to-use website, although it could be beneficial to update and optimise this site, in order to attract further trade. Alongside this, the business has popular Facebook, Instagram, and Twitter pages. Continuing to utilise and improve these online channels would be a brilliant move for the business.

Features

Online Presence

Location

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  • Good Transport Links
  • City Centre Location
  • Home Based

Financial & More

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