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Highly Rated Hardware Store For Sale In Newcastle Upon Tyne For Sale

Newcastle Upon Tyne, Tyne and Wear, UK
Asking Price:
£29,995
Turnover:
£78,000
Net Profit:
Available on request

CoGoGo are delighted to welcome to the market Evans DIY, a highly rated hardware and DIY store in Newcastle Upon Tyne.

Evans DIY was originally established in 2002, with our client taking over in 2018. 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 pursue other interests.

Evans DIY is an extremely well stocked shop selling a range of hardware products along with -

DIY Products
Gifts
Helium Balloons
Greeting cards and gift bags
Toys
Pet food and snacks
Cleaning products
Sand, cement and plaster
Flowers and plants
Garden products
Buckets, mops and brooms
Plant pots
Step ladders
Tools
Paint & brushes
Key cutting

Key selling points -

A well established business with an enviable reputation and many regular customers
Prime trading position with lots of footfall and free parking
Current owner happy to offer a handover to ensure the continued success
Ideal owner managed or partnership business
Perfect business for someone looking for their first foray into self employment
Low running costs with inexpensive rent and no business rates

Scope to improve -

Advertising and marketing campaign, a local leaflet drop usually yields good results
Maximise the use of social media particularly Twitter and Instagram
Website ideally with an e-commerce facility
Start an eBay shop to increase turnover
Introduce a customer loyalty card / scheme

All fixtures, fittings, key cutting machines and CCTV/alarm systems are included in the sale of this business.

Financial Profile

Further financials can be made available upon request.

Property Information

Property:

Leasehold

Location:

Evans DIY is located at the Kenton Retail centre on Halewood Avenue in Newcastle Upon Tyne.

The business has eye catching signage and receives high levels of footfall and passing trade

Premises Details:

The business occupies a premises ideally suited to the trade with generous retail area, a useful storeroom, kitchenette and WC.

The business is nicely presented and maintained with clear visible signage

There is a wealth of free parking close by.

Business Operation

Trading hours:

The current trading hours are -

Monday to Friday – 9:00am – 4:00pm
Saturday – 9:00am – 3:00pm
Sunday – Closed

Employees:
We are advised that the business is run and managed by the owner, with the help of casual staff as and when needed.