CoGoGo are delighted to welcome to the market Bibs Hardware, a highly rated hardware and DIY store in the village of Stoney Stanton, Leicestershire.
Bibs Hardware was originally established over 50 years ago and has been under our clients ownership for the last 18 years. The business is extremely popular within the local area, building up an excellent reputation and regular customer base.
The business has now come to the open market due to our clients desire to retire.
This iconic business has been a staple within the community for over 50 years known for its outstanding customer service and range of products which include;
Household goods
Cleaning materials
Electrical items
Tools
Pet foods
Gardening products
Paints and varnishes etc
Plumbing
Motor accessories
DIY products
Lighting and bulbs etc
Ironmongery
Additionally, the business also offers key cutting, fitting of watch batteries, sharpening of scissors & shears and cycle repairs.
The business has many regular customers, many of whom are known on a first name basis by the owner who is a popular and well respected member of the local community. The business receives most of it’s custom through word of mouth and referrals.
Key selling points -
A well established business with an enviable reputation and many existing customers
Current owner happy to offer a handover to ensure the continued success
Includes owners accommodation or immediate rental income
Ideal owner managed or partnership business
All fixtures, fittings and equipment included making this a real Turnkey business opportunity for a lucky new owner.
Scope for further growth -
Advertising and Marketing campaign, a local leaflet drop usually yields good results
Maximise the use of social media
Website, ideally with an e-commerce facility
Introduce a customer loyalty card / scheme
Extend the opening hours
Financial Profile
We are advised as per the 2022 accounts, the business generated a turnover in the region of £140,000. Further financial information can be made available upon request.
