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Business For Sale

8780LU Hardware/Cards & Gifts/Toys L\H£59,500

Bedfordshire, United Kingdom, GB

Retail: Hardware Stores, Garden Centers

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$59,500
Not Disclosed
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2007
Not Disclosed
150324767

Business for Sale Overview:

Advent Business Sales have been instructed to offer for sale this delightful hardware store which was established some 31 years ago with the current vendor in ownership for the last 12 months. The owner has now decided to sell which has created the opportunity to purchase a going concern with a long history and superb priceless local reputation. The store retails a vast range of goods including:  Cigarettes;  Hardware;  Stationery and cards;  Confectionery and sweets;  Toys;  House wares;  Haberdashery;  Paints;  Tools;  Plumbing goods;  Gardening tools;  Mats & brushes;  Electrical components;  Light bulbs;  Fireworks;  Timber;  LPG gas- official distributors;  Plants;  Car Accessories;  Power tools;  Bicycle, spares & repairs; Stock at cost is in the region of £40,000. The dry cleaning service provides approximately £500 per month. The business has a full EPOS system which monitors the sale of goods.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Tenure: Leasehold; Original lease: 15 years; Remaining lease: 14 years (renewable); Review every: 5 years; Rent: £12,500; We are advised that the annual business rates are currently: £4,925. Located in a smart parade, this lock up unit is approximately 1.700 square feet and has a 300 square feet office premises to the rear. There is a driveway to the side and a gas bottle store. The retail sales space is well laid out over a split level floor with all the appropriate racking shelving and display units for all the relevant products that are being sold.

Market Competition and Expansion:

The business presents scope to expand the sales on security products, garden furniture and provide key cutting services.

Additional Details:

  • The property is leased.
  • The owner may be willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Resources:

 

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