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Modern Jewellery Shop In Heart Of Cork City For Sale

Cork City, Cork
Asking Price:
€40,000 Furniture / Fixtures included
Turnover:
€100K - €250K
Net Profit:
Under €50K

Modern and stylish jewellery shop, located on one of the busiest streets in Cork City. Selling all types of jewellery- gold, silver, fashion jewellery and watches including top, best selling brands. The business is running for the last five years, with a large number of loyal customers. The current rent is only €2125 (considering the great location) and it is for whole building with grand and first floor shopping area, second floor -office and storage, top floor staff kitchen and toilet.
We have recently replaced a POS system for more updated one. We are active on Facebook and Instagram.

There are currently 2 full time employees ( one with unlimited contract and one with contract till the end of the year) and one part time employee (also contract till end of the year) Staff is fully trained and can work independly.

The owner is looking to sell the business ASAP due to a change of country of residence.
Current asking price is €40k.( negotiable) including all fittings plus stock valued at the moment at €49k ( subject to stock take)

Please contact for more information.

Property information

Real Estate:

Lease

Lease Terms:

Till September 2022 but I think that terms can be easly negotiated. Excellent owners who really look after the property and leaseholders.

Leasehold Rent:

€2,125 per annum

Location:

Prime shopping location in Cork City, easy to locate.

Premises Details:

3 storey building, with 2 shopping floors, office, storage and kitchen, toilet facitily.

Business Operation

Expansion Potential:

With the right investor there is a huge possibility to bring that place to the next level- please contact for more details.

Competition / Market:

Few jewellers located on the same street, but we are selling different brands.

Reasons for selling:

Owner has relocated to another country.

Trading hours:

Mon-Sat 10-18.00
Xmas also Sundays

Employees:
2 full time, 1 part time
Years established:
2007

Other Information

Support & training:

There can be a full training provided when taking over the business up to 2 months post sale.

Furniture / Fixtures value:
€20,000 - included in the asking price
Inventory / Stock value:
€49,000

Contact Information

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