Repeat custom built on an outstanding reputation
Long established and highly reputed business
Early viewing essential to fully appreciate
Situated in the bustling town of Rugby
Advised annual turnover of £400,000
Scope for further development
Genuine reason for sale
Meridian Business Sales are delighted to offer for sale this DIY/hardware store which was established by our clients in 1995. Our clients are reluctantly offering the business to the market due to a desire to take well deserved retirement. Since the business was established they have continually developed and improved the business, introducing new lines and income streams which has enhanced the business massively and in particular shows in the year on year increase in turnover and profitability. Our clients inform us that annual turnover currently runs at £400,000 which is derived from the sale of DIY/hardware products as well as offering packaging and refrigerated courier services. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.
This superb DIY store is located in the beautiful market town of Rugby, Warwickshire. The business benefits from having a prime, highly visible trading location on a trading estate on one of the town's main through roads. The area has a fine selection of retailers and commercial businesses which draws shoppers to the area throughout the year. The town also has a high amount of businesses ranging from SMEs to large corporates which provide a solid local customer base. Rugby is a truly beautiful town which offers a fine standard of living. The town offers exceptional housing, superb shopping, award winning schools, weighable NHS services and beautiful open countryside. Rugby is most famous for the invention of rugby football. Legend has it that the game was invented by William Webb Ellis in 1823 at Rugby school, which is near the centre of Rugby.
Leasehold Original length: 9 years Remaining: 16 months Rent: £31,000pa
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