Hardware DIY & Cookshop Business For Sale

Business description

This business was established in 1870 and is an integral part of the town. The current vendors have owned the business for almost 20 years and there has been a healthy growth throughout this period. It is ideally situated in a busy main street of a small West Yorkshire town and is surrounded by on street parking and car parks. The business is well known throughout the surrounding area and has a first class reputation.

The shop provides essential local services, including key cutting, and has a very healthy passing trade. There are also account customers which represent 15% of turnover.

Stock levels are ideally maintained, in that the level is not high but all areas of the business are more than adequately covered.

The business works on a very healthy gross profit of 53%. Profits have been consistently good even in these difficult economic times and show a very small decrease over the last 3 years. This is a vast improvement on most similar businesses.

The asking price has been pitched at a realistic level with a view to achieving a quick sale.

This will be a sought after business.

Further business information


• busy trading location

• very well established

• good reputation

• very consistant profits

• would make ideal business for couple

• still plenty of potential

Property information

Property:

Leasehold

Lease terms:

New lease available. Terms to be agreed.

Leasehold rent:

££12,500 per annum

Location:

This business was established in 1870 and is an integral part of the town. The current vendors have owned the business for almost 20 years and there has been a healthy growth throughout this period. It is ideally situated in a busy main street of a small West Yorkshire town and is surrounded by on street parking and car parks. The business is well known throughout the surrounding area and has a first class reputation.

Premises details:

Parade premises

Ground Floor:

• Saleshop extended to the rear, well fitted out and dealing with main products sales

First Floor:

• Cookshop
• Storage
• Toilets

Second Floor:

• Office & canteen

Business Operation

Reasons for selling:

Semi -retirement

Trading hours:

Monday, Wednesday, Thursday & Friday 09.00 am – 5.30 pm
Tuesday & Saturday 09.00 am – 4.30 pm
Sunday Closed

Employees:

1 Partner Full time, 2 Full time, 2 Part time, Saturday staff

Years established:

Est in 1870