CoGoGo welcomes to the market an exciting opportunity to acquire (on a leasehold basis) an exceptionally well run and popular ironmongers’ business.
Birons Ironmonger’s has been under the careful and meticulous ownership of our client since 2011, building up an enviable reputation not just locally but within the industry in general, a true testament to the hard work and dedication from the current owner, resulting in the high calibre of business on offer. The business is now being offered for sale due to our client wishing to leave the industry after many successful years of trading as they look to retire in the near future.
Birons Ironmongers is Wicks traditional DIY shop providing everything from everyday essentials to speciality products for the home and garden. They supply a vast range of DIY goods along with picture framing and key cutting services in addition to the impressive overall stock within the business.
Our client took ownership of the business in 2011, and then expanded it in 2019 to what it has become today, with the business’s success being derived from the excellent personal customer service, knowing what product lines to stock, the availability and convenient location.
We feel there is scope to increase turnover with the undertaking of a robust marketing campaign via local press, social media, along with the further promotion of the dedicated website where customers can either click and collect or order for delivery, along with the introduction of some further products.
This is a highly desirable business with an excellent business model in place and would be a very attractive proposition for either an individual or partnership looking for their first business in this sector which is already established, or for an experienced operator looking for an additional business with an attractive income stream.
Our client has advised that a freehold option is also available at £219,995 + VAT.
A tremendous opportunity to own this well-established and popular business, with the current owner happy to offer a hand over period. Early enquiries are highly recommended to avoid disappointment.
Financial Profile
We are advised the business generated a turnover of circa £210,000 as of 2021, further financial information can be made available upon request.