A well-established and highly regarded independent decorating supplies merchant, trading profitably from a single well-located trade warehouse in South Wales for several decades. The business has built a loyal trade and retail customer base and is known throughout its local area for the quality of its product range and the expertise of its long-serving staff, a reputation that consistently sets it apart from national DIY chains.
KEY FINANCIAL HIGHLIGHTS
£650,000+Annual Turnover
£400,000 Asking Price (Goodwill)
£550,000 Stock at Value (approx.)
HIGHLIGHTS
- Long-established trading history with a strong, loyal customer base built over many years
- Excellent local reputation for knowledgeable, personal customer service
- Turnover in excess of £650,000 per annum
- Well-stocked trade counter with stock at value of approximately £550,000, available in addition to the goodwill price
- Option for a purchaser to also acquire the leasehold trading premises
- Experienced staff in place to support continuity post-sale
REASON FOR SALE
The current owners are looking to retire after many successful years at the helm, but are happy to remain involved for a handover period to ensure a smooth transition for a new owner.
PREMISES
The business trades from long term leasehold premises, with the option for a purchaser to acquire the leasehold interest as part of the transaction.
