DIY and Hardware Stores for sale in Somerset

View the "Painting, Decorating, DIY & some Ironmongery (Includes Freehold) - Somerset Town" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Painting, Decorating, DIY & some Ironmongery (Includes Freehold) - Somerset Town

Somerset, England

  • Freehold Price: £165,000
  • Annual Turnover: £216,000
  • Annual Net Profit: £20,000
Seller Reference: 12741
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Business Description
 
 
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Seller Reference: 12741
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Business Description
• Very long established. Large, double fronted shop premises with on-street parking directly opposite
• Excellent name and reputation
• Paint sales and a paint colour-mixing service (using a Corob System) account for 60% of total sales
• Genuine scope for development of other aspects of trade
• Turnover £216,000 (Net Profit £20,000 for single working owner) y/e 31/10/20 – despite impact of Covid-19 related restrictions and owner’s declining working ability due to deteriorating serious health problems!
• Genuine prospects for (say) a working couple to make circa £50,000 p.a. net profit (post Covid-19 lifted restrictions) w.e.f. 2022
• Valuable freehold business premises included in selling price
• Very attractively priced for early sale
Tenure:
Freehold
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