Nationwide, Businesses welcomes to the market this HIGHLY PROFITABLE DIY, GARDEN TOOLS, ELECTRICAL GOODS & slight IRONMONGERS. Sought after position, serving large residential area SURREY.
The business has been in the same family for the past 55 years and is now solely offered for sale due to retirement.
Turnover currently £12,000 p.w. plus customers' accounts. SALES YEAR ENDING 31ST JANUARY, 2017 £762,423 WITH A GROSS PROFIT OF £375,490
SPACIOUS SALES AREA in excess of 2,000 sq. ft. Peg boarding, shelving, display stands, paint mixing unit, 'L' shaped counter, electronic scales, electronic cash register.
Staff w.c. & wash hand basinTurnover :
AS STATED we understand the turnover is currently £12,000 p.w. plus customers' accounts. WE ARE FURTHER ADVISED THAT THE SALES YEAR ENDING 31ST JANUARY, 2017 SHOWED £762,423 WITH A GROSS PROFIT OF £375,490.
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION (in the region of £200,000 at cost)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT (Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote)Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Lease : £95,000 (M4785)
Is accommodation included?:
Yard at rear of premises used for storage purposes