DIY and Hardware Stores for sale in Middlesex

View the "Profitable Door and Ironmongery Business: North West London" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 I’m really happy having just sold my online business within 2 weeks of advertising on Daltons 

Sarah Davies (June 2014) View More
Leasehold Price: £59,950 Annual Turnover: £216,163
Request Details
Business Description
Business established 14 years
Genuine reason for sale
Busy location
Excellent local reputation
Steady and profitable business
Lifestyle business opportunity
Annual adjusted profit around £50,000

EM&F are delighted to offer this retail business, retailing a range of doors, door handles and fittings to local consumers and to the trade. The shop also has a profitable line in key cutting and locksmiths.

BUSINESS

Located in an enviable High Street location with considerable passing trade the business has built up a loyal customer base over the years and this results in a steady level of business and profit.

In the hands of the current owners since they started the business some 14 years ago this is a genuine sale due to the wish of one of the owners to retire from the business.

Opening 6 days a week the business sells a good range of internal and external doors, door handles and other door ironmongery. In addition the shop offers a key cutting and locksmiths service.

PREMISES

The shop premises consists of a ground floor lock-up shop of some 700 square feet with a modern and distinctive double fronted glazed exterior.

Inside the front part of the shop has a plain concrete floor and recessed fluorescent lights in a suspended ceiling. The well lit retail area is divided into three isles displaying the various products on offer.

To the rear of the shop is a small wooden counter and behind that is a small office / workroom area (used for key cutting as well as an office) whilst to the side is a small storage area.

The annual rent is a reasonable £12,000 and Rates are £2,830 (payable).

FINANCIALS

January 2014 accounts show total sales of some £216,163 (net of VAT) and an adjusted profit to working owners of some £52,260.

The current year to January 2015 is expected to show a similar position.

PRICE: £59,950 to include the benefit of the Lease, Goodwill, Fixtures, Fittings & Equipment, plus stock at valuation (approximately £15,000).

 

Trading Hours:
Monday to Saturday 9:30 am to 5:30 pm

Tenure: Leasehold

Listed by: Everett Masson and Furby
Find out more about this business for sale opportunity by submitting the form below.
Contact Details Fields marked with an * are required by the seller
* * *
* * *
* *
* *

What happens next?
  • 1We send your email to the business seller
  • 2They will be in contact with you as soon as possible
Would you like ASC to contact you about finance options?
This is a no-obligation service. You will ONLY be contacted by your local
ASC Finance director. Your details will not be passed on to any third party.

M31756LN
Seller Reference:
Bookmark and Share
You May Also Like...
loading...