Business for Sale Overview:
This family business was established by the owner in1989 and has built an outstanding reputation for supplying independent DIY and hardware stores with a wide range of goods, many of which are household named products. The company covers a wide area throughout the North East of England including the major con-urbanization of Teeside, Tyneside and Wearside.
The company’s impressive product offer includes paints and decorating materials, household hardware and electrical s (sockets, switches, cables etc.) DIY goods, housewares and gardening. In all they keep in stock over 5,000 different lines, although within all these product sectors there remains considerable scope for expansion.
The company has a large database of customers with circa 100 who purchase goods on a regular basis with no one client generating the lions share of the turnover.
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:
The business runs from two industrial units, which measure circa 3,500 square feet on the ground floor with reception, offices and warehouse storage. There is a mezzanine floor which measures circa 1,300 square feet used for further storage. Rent is circa £1,300 per month with a rolling three month notice period. Rates are circa £5,543 per annum.
Reason for Selling:
due to ill health would now like to retire
Additional Details:
- The property is leased.
- The owner is 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.