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Business For Sale
HARDWARE/CARDS & GIFTS/TOYS L\H£69,500 PLUS SAV
Attn:
NEETI JASHVIR
Bedfordshire, United Kingdom, GB
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Listing Number: "8780LU"
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Listing
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Asking Price: |
$69,500
GBP United Kingdom Pounds
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Business for Sale Industry: |
Retail: Hardware Stores, Garden Centers
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Year Established:
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2007 |
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.
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 owned.
- The owner may be willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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