DIY and Hardware Stores for sale in West Midlands

View the "Established High Profit DIY Store" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Established High Profit DIY Store

West Midlands, England

  • Price: £220,000
  • Annual Turnover: £871,111
  • Annual Net Profit: £137,582
Seller Reference: 36971-869605
Request DetailsEmail email
Business Description
 
Image 1 of 1 video_library
Seller Reference: 36971-869605
Request Details
Business Description
Transworld are proud to present a high reputation, independent, established family owned hardware and DIY store based in the Midlands.

Latest accounts to December 2018 demonstrate continued growth built on a very stable platform

This DIY store has been established for many years and is a thriving business which has been based upon serving the community with a wide range of products which ensure their customers can complete anything from a small DIY Job around the house to a significant home improvement building project.
They stock the products required, their staff have an excellent technical knowledge base which ensures their customers can get the job done and very efficient purchasing processes ensure they are able to offer excellent value for money.
The thousands of product lines in stock, the excellent value for money offered, combined with the technical knowledge ensure that they can offer great customer service which keeps their customers coming back.

The business owner is happy to consider the sale of the freehold
Hardware and DIY Retail

Price: £220,000
Plus Stock at Value
Offers are invited

Transworld are proud to present a High Reputation, Independent, Established family owned hardware and DIY Store based in the Midlands.

The business has been established for many years and is a thriving business which has been based upon serving the community with a wide range of products which ensure their customers can complete anything from a small DIY Job around the house to a significant home improvement building project.
They stock the products required, their staff have an excellent technical knowledge base which ensures their customers can get the job done and very efficient purchasing processes ensure they are able to offer excellent value for money.
The thousands of product lines in stock, the excellent value for money offered, combined with the technical knowledge ensure that they can offer great customer service which keeps their customers coming back.
Potential Growth

- The company could expand its current service offerings by adding additional products and updating some of the existing lines.
- The business could look to modify the existing website or bolt on a fully functional e-commerce website. This could attract new customers and potentially lead to broadening the company’s capabilities and market reach. The e-commerce site could increase product offerings significantly.
- This could be supported by a click and collect service reducing the company’s administrative efforts, provide staff efficiencies and so further reduce business costs further.

Benefits to the Purchaser

• A successful, established family business which has been trading for many years
• They have a proven record of achievement in today’s harsh retail environment
• Their team have proven expertise in their sector and have many years of loyal service
• The excellent purchasing processes in place have consistently delivered stable/ improving gross margin.
• The business has strong management accounting and reporting in place.
- Latest accounts to December 2018 demonstrate continued growth

Key Financial Information

Listing Price of £220,000
(Two Hundred and Twenty Thousand pounds)

Plus Stock at Value

Annual Turnover

£871,111 2018 Results

£828,059 2017 Results

Stock value circa £180,000

Facilities The Business Sale Includes Commercial Operational Space of 8250 sqft

The property is located in a densely populated area and provides easy access to local trunk roads and motorway routes. The commercial floor space of the retail premises is circa 8250 sqft. The area also offers a plethora of diverse local shops, amenities and leisure facilities. The property falls between two busy roads and offers frontages to both. Major High Street brands operate on the locality ensuring an impressive footfall which has increased considerably over the years. The building offers an impressive amount of retail and storage space

The building is of a traditional brick construction with a pitched roof. The floors are either concrete or timber and there are modern aluminium shopfronts to both frontages.

The property has the benefit of gas, water, electricity and drainage and the ground floor benefits from warm air heating.

Trading Hours

The business opening hours are Monday to Saturday 9am to 6pm Sunday 10am to 1pm

Competitive Overview The company is a local family owned Hardware and DIY store which has been serving the local community and beyond for many years. The business has an excellent reputation, an established knowledgeable team, effective management processes, an extensive range of products and services which ensure the business consistently delivers excellent profitability.

The business thrives on reputation combined with effective marketing, excellent customer services, efficient buying processes and a wonderful vast range of products and services.

The experienced team delivers expert advice based upon years of experience. Their expertise and knowledge base can help you find the solution to any DIY challenge or major project you have taken on.

The wide range of competitively priced produces and services, the expertise which ensure excellent customer service ensure that they have developed into the preferred choice for commercial and domestic customers around the Midlands

If customers requires any products which are not in stock the business is able to order additional materials in a timely manner.

Products and Services
Decorating: A range of decorating materials for internal and external projects, well known brands and a wide range of materials.

Building Materials: A comprehensive array of building materials, plus timber, sheet metal and Melamine. A variety of internal and external doors and worktops from many different materials. The business cuts timber, sheet metal, Melamine, pipes, tubes and other materials to meet the customer requirements

Tools: A wide variety of hand and power tools for any project

Bathroom: A selection of bathroom suites and sanitary ware.

Garden: Every tool you need for your garden.

Housewares: A wide range of products for your home and kitchen including Saucepans, bakeware, microwaves, kettles and many more. The business also stocks a range of cleaning materials.

Other: Everything you need for any DIY Project – Plumbing tools and materials, electrical supplies and a wide range of ancillary equipment. Car and cycle accessories, ladders, pet foods, keys cut to order and many more.

Executive Summary
Since its foundation the company has established itself as a friendly and professional provider of high-quality products, priding itself on always providing a consistent high level of customer service.

The company has established a significant domestic and trade customer base within the region and have consistently benefited from high levels of repeat and referral custom.

Having developed the business over many years, the current owners are offering the business for sale as part of their retirement plans.

Post Completion – Handover and Training

As part of the sale price the existing owners will develop with the new owner a mutually agreeable handover
and training plan to ensure the continuous smooth running of the business.

Customers

The business provides a comprehensive service to domestic and trade customers based across the midlands

The customer service and reputation ensure that the business benefits from a continual stream of repeat and referral business. The level of service and reliability has ensured that it has maintained customer relationships since it’s early beginnings

Management and Staff

- The business is run by the owners and an excellent team. They run to effective proven management practices which continue to deliver excellent operational and financial performance.
- The company benefits from low staff turnover with a number of the employees having remained with the business for over 15 years.
- Having established strong internal processes and management framework the business could be absorbed into an existing organisation within the sector.
- The current workforce is capable of managing the day to day running of the business. The current business owners will work with the new business owner as appropriate to employ an additional manager and staff as required as part of the agreed handover plan.

Sales and Marketing

The business operates a website, which provides a comprehensive overview of the products and services available, alongside special offers, local news and contact information.

In addition to the website the business also utilises social media pages to promote its products and services and communicate with both existing and potential new customers.

The business works with a third party to further promote its services this includes regular leaflet drops.

The business benefits from a continual stream of repeat customers, referred customers and passing trade.

Showing Instructions Contact Agent

Showing Comments Contact Agent
Trading hours:
The business opening hours are: Monday to Saturday 9am to 6pm Sunday 10am to 1pm
Number of employees:
10
Support and Training:
13 weeks
Listed by:
Request Details

Find out more about this business opportunity.

* REQUIRED

Note: Please select your full postcode from address menu

Finance Services

Would you like a free no-obligation discussion with a qualified finance provider who could help you to buy this business?

You will ONLY be contacted by your local ASC Finance director. Your details will not be passed on to any third party.

Legal Services

Would you like a free no-obligation quote from a commercial law firm who could help you to buy this business?

You will be contacted by a specialist commercial solicitor from the Legal Marketing Works Network.

Please note that Daltons Business will send the above details to the seller of the business. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.
You may also like...
loder image
loder image