Eastbourne is a thriving South Coast town with a growing population of around 100,000.
We understand that there has been a hardware store in this location for over 100 years and it has been in the hands of the current owner for the last 30 years. It is offered for sale now due to retirement.
It sells a comprehensive range of hardware and DIY items including paint, decorating sundries, household hardware, hand tools, timber, gardening supplies and tools, bulbs, keys, etc. Additional services include key cutting and carpet cleaner hire.
The business is very well known in the area and has an excellent reputation with customers which include local residents, tradesmen and nursing homes / schools.
Approximate weekly sales are £2,000 (excluding VAT) and the average gross profit margin is around 40%. The business had a major refit in September 2014 and trading figures have been rising since reopening.
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